VOLATO GROUP INC (SOAR) Technical Analysis
NYSEARCA:SOAR • US74349W3025
Current stock price
SOAR Technical Rating and Analysis
Taking everything into account, SOAR scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than SOAR.
- 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 trading near the lower end of its 52 week range, which is not a good sign. 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 0.28 - 0.47 range, which is quite wide. It is currently trading near the lows of this range.
- SOAR has an average volume of 4440000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
SOAR Weekly and Daily overview Charts
SOAR Setup Rating and Analysis
SOAR has a bad 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
SOAR Support and Resistance Analysis
0.32
2 important resistance areas can be observed.
- A resistance zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.35 from a trend line in the weekly time frame.
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 | 1.18 | NEGATIVE | SOAR has a low relative strength, it was outperformed by 98.82% 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) | 38.99 | NEUTRAL | The RSI value for SOAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SOAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.44 | NEUTRAL | The Stochastics value for SOAR is a neutral value. |
| Average True Range in percent/ATR (20) | 13.96 | HIGH VOLATILITY | The high ATR as a percentage value for SOAR suggests high volalility. |
| Average Directional Index/ADX (14) | 13.44 | NEGATIVE | The low ADX value for SOAR suggests a weak or negative trend. |
SOAR Chart- and CandleStick Pattern Analysis
SOAR Technicals: Chart, Performance Metrics, Trend & Indicators
0.3193
-0.01 (-1.63%)
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 38.9868. This indicates that the stock is currently neutral.
What is the short term momentum for SOAR stock?
The short term momentum for VOLATO GROUP INC (SOAR) is negative.
What is the support and resistance level for SOAR stock?
VOLATO GROUP INC (SOAR) has a resistance level at 0.33. Check the full technical report for our detailed analysis of SOAR support and resistance levels.