SURF AIR MOBILITY INC (SRFM) Stock Technical Analysis
USA - NYSE:SRFM - US8689272032 - Common Stock
4.5 USD
-0.03 (-0.66%)
4.51 USD
+0.01 (+0.22%)
Taking everything into account, SRFM scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that SRFM is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, SRFM also shows a nice and consistent pattern of rising prices.
SRFM is one of the better performing stocks in the Passenger Airlines industry, it outperforms 95% of 21 stocks in the same industry.
SRFM has an average volume of 4078590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SRFM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SRFM is lagging the market.
In the last month SRFM has a been trading in the 3.80 - 4.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
SRFM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 4.30, a Stop Loss order could be placed below this zone.
More info and screens
3.90
8.63
We found 2 important support areas.
- A support zone ranging from 4.21 to 4.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.94 to 3.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @4.89 from a horizontal line in the daily time frame.
- Resistance @8.54 from a trend line in the weekly time frame.
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 SRFM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SRFM is neutral. |
| ChartMill Relative Strength | 98.33 | POSITIVE | SRFM has a high relative strength, it outperformed 98.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRFM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SRFM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRFM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.68 | NEUTRAL | The RSI value for SRFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SRFM has a positive trend. |
| Stochastics (14,3) | 73.23 | NEUTRAL | The Stochastics value for SRFM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.62 | HIGH VOLATILITY | The high ATR as a percentage value for SRFM suggests high volalility. |
| Average Directional Index/ADX (14) | 21.65 | NEUTRAL | The ADX value for SRFM 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)
4.5
-0.03 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-0.66%
1 Week2.51%
2 Weeks13.07%
1 Month2.27%
3 Month134.38%
6 Month20.97%
12 Month268.85%
2 Year-60.56%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%6.62%
ATR Inc22.03%
Range Today0.26
ADR(20)0.29
ADR(20)%6.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.33
Mansfield1.55
10 Day High4.66
10 Day Low3.92
20 Day High4.97
20 Day Low3.8
52 Week High9.91
52 Week Low1.12
CS1 End4.3
CR1 Start4.89
Volume & EV
DER(3)-3.01%
DER(5)-3.35%
Volume2.85M
Volume Incr25.75%
Vol(5)2.24M
Vol(50)4.08M