STANDARDAERO INC (SARO) Stock Technical Analysis
NYSE:SARO - New York Stock Exchange, Inc. - US85423L1035 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to SARO. SARO was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, SARO is a bad performer in the overall market: 100% of all stocks are doing better.
SARO is part of the Aerospace & Defense industry. There are 65 other stocks in this industry, of which 93% are performing better than SARO.
In the last month SARO has a been trading in the 29.00 - 31.97 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SARO has an average volume of 2728450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is only medium, SARO does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 29.56, a Stop Loss order could be placed below this zone.
More info and screens
22.98
31.97
2 important support areas can be observed.
- A support zone ranging from 29.20 to 29.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.21 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 30.08 to 30.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | UP | POSITIVE | The long term trend for SARO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SARO is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SARO has a low relative strength, it was outperformed by 100% 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) | UP | POSITIVE | The current price of SARO is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 46.34 | NEUTRAL | The RSI value for SARO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests SARO has a negative trend. |
| Stochastics (14,3) | 32.66 | NEUTRAL | The Stochastics value for SARO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for SARO suggests some volalility. |
| Average Directional Index/ADX (14) | 13.15 | NEGATIVE | The low ADX value for SARO 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)
29.84
-0.17 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.57%
1 Week-3.37%
2 Weeks-3.02%
1 Month-2.93%
3 Month21.8%
6 Month28.57%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%2.48%
ATR Inc-0.02%
Range Today0.52
ADR(20)0.73
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High31.97
10 Day Low29.6
20 Day High31.97
20 Day Low29
52 Week HighN/A
52 Week LowN/A
CS1 End29.56
CR1 Start30.08
Volume & EV
DER(3)-2.85%
DER(5)-2.5%
Volume1.26M
Volume Incr-13.45%
Vol(5)2.44M
Vol(50)2.73M