VOLATO GROUP INC (SOAR) Technical Analysis
NYSEARCA:SOAR • US74349W3025
Current stock price
0.2144 USD
-0.05 (-18.45%)
At close:
0.2346 USD
+0.02 (+9.42%)
Pre-Market:
SOAR Technical Rating and Analysis
Overall SOAR gets a technical rating of 0 out of 10. SOAR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SOAR is a bad performer in the overall market: 99% of all stocks are doing better.
- SOAR is part of the Passenger Airlines industry. There are 22 other stocks in this industry, of which 85% are performing better than SOAR.
- SOAR is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SOAR is lagging the market.
- In the last month SOAR has a been trading in the 0.20 - 0.47 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- SOAR has an average volume of 4525690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
SOAR Weekly and Daily overview Charts
SOAR Setup Rating and Analysis
The technical rating of SOAR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SOAR Support and Resistance Analysis
SOAR Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SOAR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOAR is down. |
| ChartMill Relative Strength | 1.39 | NEGATIVE | SOAR has a low relative strength, it was outperformed by 98.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOAR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOAR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.88 | OVERSOLD | The low RSI value suggests SOAR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SOAR has a negative trend. |
| Stochastics (14,3) | 8.33 | OVERSOLD | The low Stochastics value suggests SOAR may be oversold. |
| Average True Range in percent/ATR (20) | 19.85 | HIGH VOLATILITY | The high ATR as a percentage value for SOAR suggests high volalility. |
| Average Directional Index/ADX (14) | 9.84 | NEGATIVE | The low ADX value for SOAR suggests a weak or negative trend. |
SOAR Chart- and CandleStick Pattern Analysis
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)
SOAR Technicals: Chart, Performance Metrics, Trend & Indicators
0.2144
-0.05 (-18.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-18.45%
1 Week-27.45%
2 Weeks-32.85%
1 Month-32.17%
3 Month-67.98%
6 Month-89.49%
12 Month-84.69%
2 Year-99.76%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%19.85%
ATR Inc19.07%
Range Today0.06
ADR(20)0.04
ADR(20)%18.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.39
3 months CRS2.09
6 months CRS1.47
Mansfield-8.42
10 Day High0.32
10 Day Low0.2
20 Day High0.47
20 Day Low0.2
52 Week High4.36
52 Week Low0.2
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-6.38%
DER(5)-3.98%
Volume1.82M
Volume Incr-75.46%
Vol(5)1.30M
Vol(50)4.53M
VOLATO GROUP INC / SOAR TA FAQ
Can you provide the ChartMill technical rating for VOLATO GROUP INC?
ChartMill assigns a technical rating of 0 / 10 to SOAR.
What is the trend direction for SOAR stock?
The current trend direction for VOLATO GROUP INC (SOAR) is Bearish.
What is the RSI signal for VOLATO GROUP INC (SOAR) stock?
VOLATO GROUP INC (SOAR) has an RSI value of 27.8793. This indicates that the stock is currently oversold.
What is the short term momentum for SOAR stock?
The short term momentum for VOLATO GROUP INC (SOAR) is negative.