SURF AIR MOBILITY INC (SRFM) Stock Technical Analysis
NYSE:SRFM - New York Stock Exchange, Inc. - US8689272032 - Common Stock - Currency: USD
Taking everything into account, SRFM scores 5 out of 10 in our technical rating. SRFM was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month SRFM has a been trading in the 3.87 - 9.35 range, which is quite wide. It is currently trading near the lows of this range.
SRFM is one of the better performing stocks in the Passenger Airlines industry, it outperforms 95% of 22 stocks in the same industry.
SRFM has an average volume of 10109200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, SRFM did better than 94% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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.
Considerably lower volume is observed in the last couple of days.
SRFM has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.05
4.03
We found 2 important support areas.
- A support zone ranging from 3.95 to 3.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.07 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 | DOWN | NEGATIVE | The short term trend for SRFM is down. |
| ChartMill Relative Strength | 94.21 | POSITIVE | SRFM has a high relative strength, it outperformed 94.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRFM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRFM is above 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) | 44.24 | NEUTRAL | The RSI value for SRFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests SRFM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.89 | OVERSOLD | The low Stochastics value suggests SRFM may be oversold. |
| Average True Range in percent/ATR (20) | 17.52 | HIGH VOLATILITY | The high ATR as a percentage value for SRFM suggests high volalility. |
| Average Directional Index/ADX (14) | 32.1 | 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)
3.99
-0.17 (-4.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-4.09%
1 Week0.76%
2 Weeks-31.09%
1 Month-54.66%
3 Month48.88%
6 Month-10.74%
12 Month83.52%
2 Year-63.69%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%17.52%
ATR Inc-51.23%
Range Today0.29
ADR(20)0.69
ADR(20)%17.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.21
Mansfield1.63
10 Day High5.83
10 Day Low3.87
20 Day High9.35
20 Day Low3.87
52 Week High9.91
52 Week Low0.9
CS1 End3.98
CR1 StartN/A
Volume & EV
DER(3)-6.01%
DER(5)-6.27%
Volume1.56M
Volume Incr-80.08%
Vol(5)2.12M
Vol(50)10.11M