STANDARDAERO INC (SARO) Stock Technical Analysis
USA - NYSE:SARO - US85423L1035 - Common Stock
Overall SARO gets a technical rating of 0 out of 10. SARO 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 technical rating of SARO is bad and it also does not present a 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.
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25.32
When analyzing the support we notice one important area.
- A support zone ranging from 25.58 to 25.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 26.93 to 27.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.44 to 28.94. 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 | DOWN | NEGATIVE | The short term trend for SARO is down. |
| ChartMill Relative Strength | 27.52 | NEGATIVE | SARO has a low relative strength, it was outperformed by 72.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SARO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SARO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SARO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.66 | NEUTRAL | The RSI value for SARO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests SARO has a negative trend. |
| Stochastics (14,3) | 11.1 | OVERSOLD | The low Stochastics value suggests SARO may be oversold. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for SARO suggests some volalility. |
| Average Directional Index/ADX (14) | 18.6 | NEGATIVE | The low ADX value for SARO suggests a weak or negative trend. |
25.62
+0.04 (+0.16%)
STANDARDAERO INC / SARO FAQ
What is the ChartMill technical rating of STANDARDAERO INC (SARO) stock?
ChartMill assigns a technical rating of 0 / 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 34.6633. 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 negative.