MESA AIR GROUP INC (MESA) Stock Technical Analysis
NASDAQ:MESA - Nasdaq - US5904791358 - Common Stock - Currency: USD
Overall MESA gets a technical rating of 2 out of 10. MESA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MESA is a bad performer in the overall market: 64% of all stocks are doing better.
MESA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MESA has a been trading in the 0.97 - 1.08 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MESA has an average volume of 1373910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MESA is part of the Passenger Airlines industry. There are 23 other stocks in this industry, MESA did better than 40% of them.
Considerably lower volume is observed in the last couple of days.
MESA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.02. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MESA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.73
1.18
3 important support areas can be observed.
- Support @0.97 from a horizontal line in the weekly time frame.
- Support @0.95 from a horizontal line in the daily time frame.
- Support @0.74 from a trend line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.05 to 1.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.13 to 1.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.15 from a horizontal line in the weekly time frame.
- Resistance @1.17 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for MESA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MESA is down. |
| ChartMill Relative Strength | 36.32 | NEUTRAL | MESA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MESA is below the rising 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) | DOWN | NEGATIVE | The current price of MESA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.98 | NEUTRAL | The RSI value for MESA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MESA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.57 | NEUTRAL | The Stochastics value for MESA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for MESA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.54 | NEGATIVE | The low ADX value for MESA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:MESA (6/10/2025, 8:00:01 PM)
1.02
+0.01 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg0.99%
1 Week0%
2 Weeks0%
1 Month2.61%
3 Month5.82%
6 Month-4.67%
12 Month-7.27%
2 Year-60%
3 Year-53.42%
5 Year-70.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%3.68%
ATR Inc-60.46%
Range Today0.02
ADR(20)0.04
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.32
Mansfield-1.7
10 Day High1.05
10 Day Low0.99
20 Day High1.08
20 Day Low0.97
52 Week High1.89
52 Week Low0.68
CS1 End0.97
CR1 Start1.02
Volume & EV
DER(3)5.79%
DER(5)-14.16%
Volume121.80K
Volume Incr-35.52%
Vol(5)91.26K
Vol(50)1.37M