MESA AIR GROUP INC (MESA)
US5904791358 - Common Stock
Taking everything into account, MESA scores 2 out of 10 in our technical rating. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
90% of all other stocks performed better in the past year than MESA.
MESA is part of the Passenger Airlines industry. There are 24 other stocks in this industry, of which 69% are performing better than MESA.
MESA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MESA is lagging the market.
MESA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Although the technical rating is bad, MESA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.92. Right above this resistance zone may be a good entry point.
More info and screens
0.76
0.96
4 important support areas can be observed.
- Support @0.84 from a trend line in the daily time frame.
- A support zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.79 from a horizontal line in the weekly time frame.
- Support @0.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.92 to 0.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.94 to 0.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.25
Mansfield-3.6
10 Day High0.94
10 Day Low0.81
20 Day High0.94
20 Day Low0.77
52 Week High2.69
52 Week Low0.4
Performance
1 Week-3.25%
2 Weeks5.31%
1 Month3.49%
3 Month-2.98%
6 Month38.72%
12 Month-55.5%
2 Year-71.01%
3 Year-90.84%
5 Year-90.24%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)53.2
LBB0.8
UBB0.97
MESA AIR GROUP INC
NASDAQ:MESA (5/3/2024, 7:05:27 PM)
0.89
-0.01 (-1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-1.46%
1 Week-3.25%
2 Weeks5.31%
1 Month3.49%
3 Month-2.98%
6 Month38.72%
12 Month-55.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%5.87%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.94
10 Day Low0.81
20 Day High0.94
20 Day Low0.77
52 Week High2.69
52 Week Low0.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume482.80K
Volume Incr27.86%
Vol(5)183.16K
Vol(50)186.11K