STANDARDAERO INC (SARO) Stock Technical Analysis
NYSE:SARO • US85423L1035
We assign a technical rating of 8 out of 10 to SARO. Both in the recent history as in the last year, SARO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- SARO is part of the Aerospace & Defense industry. There are 73 other stocks in this industry, of which 61% are performing better than SARO.
- The long and short term trends are both positive. This is looking good!
- SARO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SARO is lagging the market slightly.
- SARO has an average volume of 3557970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that SARO is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month SARO has a been trading in the 28.63 - 33.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, SARO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 32.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.09, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
25.12
4 important support areas can be observed.
- A support zone ranging from 30.17 to 31.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.51 from a horizontal line in the daily time frame.
- Support @27.29 from a horizontal line in the daily time frame.
- Support @25.37 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.98 to 33.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SARO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SARO is up. |
| ChartMill Relative Strength | 81.65 | POSITIVE | SARO has a high relative strength, it outperformed 81.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SARO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SARO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SARO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.33 | NEUTRAL | The RSI value for SARO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SARO has a positive trend. |
| Stochastics (14,3) | 86.9 | OVERBOUGHT | The high Stochastics value suggests SARO may be overbought. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for SARO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.18 | NEUTRAL | The ADX value for SARO suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 33.14 | 30.16 | 2.98 (8.99%) | 11.12% |
| An entry @33.14. This is a Buy Stop order right above the resistance zone. | An exit @30.16. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.98 points, which is 8.99%. | When investing 11.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
31.96
+0.52 (+1.65%)
STANDARDAERO INC / SARO FAQ
What is the ChartMill technical rating of STANDARDAERO INC (SARO) stock?
ChartMill assigns a technical rating of 8 / 10 to SARO.
What is the trend direction for SARO stock?
The current trend direction for STANDARDAERO INC (SARO) is Bullish.
What is the RSI signal for STANDARDAERO INC (SARO) stock?
STANDARDAERO INC (SARO) has an RSI value of 60.3283. This indicates that the stock is currently neutral.
What is the MACD signal for SARO stock?
The MACD indicator for STANDARDAERO INC (SARO) has a value of 0.0394389, indicating a bearish trend.
Can you provide the short term momentum for STANDARDAERO INC?
The short term momentum for STANDARDAERO INC (SARO) is positive.