REPUBLIC AIRWAYS HOLDINGS IN (MESA) Technical Analysis
NASDAQ:MESA • US5904791358
Current stock price
MESA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to MESA. In the last year, MESA was one of the better performers, but we do observe some doubts in the very recent evolution.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, MESA did better than 85% of all other stocks.
- MESA is part of the Passenger Airlines industry. There are 22 other stocks in this industry. MESA outperforms 100% of them.
- MESA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MESA is performing more or less in line with the market.
- In the last month MESA has a been trading in the 1.26 - 1.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MESA Weekly and Daily overview Charts
MESA Setup Rating and Analysis
Although MESA has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
MESA Support and Resistance Analysis
1.21
We found 4 important support areas.
- A support zone ranging from 1.37 to 1.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.29 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.26 to 1.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.22 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.41 to 1.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
MESA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MESA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MESA is neutral. |
| ChartMill Relative Strength | 85.58 | POSITIVE | MESA has a high relative strength, it outperformed 85.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MESA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MESA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MESA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.42 | NEUTRAL | The RSI value for MESA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MESA has a negative trend. |
| Stochastics (14,3) | 34.32 | NEUTRAL | The Stochastics value for MESA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.36 | HIGH VOLATILITY | The high ATR as a percentage value for MESA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.94 | NEGATIVE | The low ADX value for MESA suggests a weak or negative trend. |
MESA Chart- and CandleStick Pattern Analysis
MESA Technicals: Chart, Performance Metrics, Trend & Indicators
1.4
+0.01 (+0.72%)
REPUBLIC AIRWAYS HOLDINGS IN / MESA TA FAQ
What is the ChartMill technical rating of REPUBLIC AIRWAYS HOLDINGS IN (MESA) stock?
ChartMill assigns a technical rating of 8 / 10 to MESA.
What is the trend direction for MESA stock?
The current trend direction for REPUBLIC AIRWAYS HOLDINGS IN (MESA) is Bullish.
What is the RSI signal for REPUBLIC AIRWAYS HOLDINGS IN (MESA) stock?
REPUBLIC AIRWAYS HOLDINGS IN (MESA) has an RSI value of 44.4211. This indicates that the stock is currently neutral.
Can you provide the short term momentum for REPUBLIC AIRWAYS HOLDINGS IN?
The short term momentum for REPUBLIC AIRWAYS HOLDINGS IN (MESA) is neutral.
Can you provide the support and resistance levels for REPUBLIC AIRWAYS HOLDINGS IN?
REPUBLIC AIRWAYS HOLDINGS IN (MESA) has a support level at 1.39 and a resistance level at 1.41. Check the full technical report for our detailed analysis of MESA support and resistance levels.