SURF AIR MOBILITY INC (SRFM) Stock Technical Analysis
NYSE:SRFM - US8689272032 - Common Stock
4.34 USD
-0.15 (-3.34%)
4.3 USD
-0.04 (-0.92%)
Taking everything into account, SRFM scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SRFM is showing a nice and steady performance.
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.
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.
SRFM is part of the Passenger Airlines industry. There are 22 other stocks in this industry. SRFM outperforms 100% of them.
SRFM has an average volume of 10754100 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 3.82 - 5.54 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. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
3.91
8.71
We found 2 important support areas.
- A support zone ranging from 4.21 to 4.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.95 to 3.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 4.39 to 4.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.76 from a trend line in the daily time frame.
- A resistance zone ranging from 4.88 to 4.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @8.62 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 | 98.35 | POSITIVE | SRFM has a high relative strength, it outperformed 98.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SRFM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SRFM is below the rising 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) | 47.84 | NEUTRAL | The RSI value for SRFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SRFM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.24 | NEUTRAL | The Stochastics value for SRFM is a neutral value. |
| Average True Range in percent/ATR (20) | 10.34 | HIGH VOLATILITY | The high ATR as a percentage value for SRFM suggests high volalility. |
| Average Directional Index/ADX (14) | 27.32 | POSITIVE | The high ADX value value for SRFM suggests a strong 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)
4.34
-0.15 (-3.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-3.34%
1 Week-6.87%
2 Weeks-2.03%
1 Month9.6%
3 Month86.27%
6 Month26.53%
12 Month250%
2 Year-60.51%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%10.34%
ATR Inc-39.75%
Range Today0.35
ADR(20)0.42
ADR(20)%9.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.35
Mansfield1.97
10 Day High4.97
10 Day Low3.82
20 Day High5.54
20 Day Low3.82
52 Week High9.91
52 Week Low0.9
CS1 End4.27
CR1 Start4.39
Volume & EV
DER(3)-3.33%
DER(5)-2.2%
Volume1.43M
Volume Incr-46.63%
Vol(5)1.69M
Vol(50)10.75M