STANDARDAERO INC (SARO) Stock Technical Analysis
USA - NYSE:SARO - US85423L1035 - Common Stock
28.94 USD
+0.01 (+0.03%)
28.88 USD
-0.06 (-0.21%)
We assign a technical rating of 4 out of 10 to SARO. Recently some decent action could be observed, but in the medium term time frame this is still negative. SARO was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SARO is a bad performer in the overall market: 68% of all stocks are doing better.
SARO is part of the Aerospace & Defense industry. There are 70 other stocks in this industry, of which 75% are performing better than SARO.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
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.
In the last month SARO has a been trading in the 26.23 - 29.64 range, which is quite wide. It is currently trading near the high of this range.
SARO has an average volume of 1699240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SARO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
25.92
31.97
We found 3 important support areas.
- Support @28.67 from a horizontal line in the daily time frame.
- A support zone ranging from 26.93 to 28.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.18 to 26.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 31.63 to 31.65. 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 | NEUTRAL | NEUTRAL | The long term trend for SARO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SARO is up. |
| ChartMill Relative Strength | 32.09 | NEUTRAL | SARO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SARO is above the rising 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) | 60.6 | NEUTRAL | The RSI value for SARO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests SARO has a positive trend. |
| Stochastics (14,3) | 69.99 | NEUTRAL | The Stochastics value for SARO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for SARO suggests some volalility. |
| Average Directional Index/ADX (14) | 23.27 | NEUTRAL | The ADX value for SARO suggests a possible start of a new 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)
28.94
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.03%
1 Week6.09%
2 Weeks9.54%
1 Month8.27%
3 Month2.44%
6 Month9.29%
12 Month-4.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%3.19%
ATR Inc-13.47%
Range Today0.54
ADR(20)0.92
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.09
3 months CRS47.55
6 months CRS47.08
Mansfield-0.65
10 Day High29.64
10 Day Low26.32
20 Day High29.64
20 Day Low26.23
52 Week High31.97
52 Week Low21.31
CS1 End28.67
CR1 Start31.63
Volume & EV
DER(3)-1.47%
DER(5)-1.26%
Volume1.95M
Volume Incr-27.7%
Vol(5)1.44M
Vol(50)1.70M
STANDARDAERO INC / SARO FAQ
What is the ChartMill technical rating of STANDARDAERO INC (SARO) stock?
ChartMill assigns a technical rating of 4 / 10 to SARO.
What is the current trend direction of STANDARDAERO INC (SARO) stock?
The current trend direction for STANDARDAERO INC (SARO) is Bearish.
What is the RSI signal for STANDARDAERO INC (SARO) stock?
STANDARDAERO INC (SARO) has an RSI value of 60.5993. This indicates that the stock is currently neutral.
Can you provide the short term momentum for STANDARDAERO INC?
The short term momentum for STANDARDAERO INC (SARO) is positive.