SURF AIR MOBILITY INC (SRFM) Technical Analysis
NYSE:SRFM • US8689272032
Current stock price
SRFM Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SRFM. SRFM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 95% of all other stocks performed better in the past year than SRFM.
- SRFM is part of the Passenger Airlines industry. There are 22 other stocks in this industry, of which 85% are performing better than SRFM.
- SRFM 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 SRFM is lagging the market.
- In the last month SRFM has a been trading in the 1.04 - 2.15 range, which is quite wide. It is currently trading near the lows of this range.
- SRFM has an average volume of 2273760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SRFM Weekly and Daily overview Charts
SRFM Setup Rating and Analysis
The technical rating of SRFM is bad and it also does not present a quality setup 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
SRFM Support and Resistance Analysis
1.09
When analyzing the support we notice one important area.
- Support @1.10 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @1.33 from a trend line in the daily time frame.
- A resistance zone ranging from 1.43 to 1.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.60 from a trend line in the weekly time frame.
SRFM 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 SRFM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRFM is down. |
| ChartMill Relative Strength | 5.15 | NEGATIVE | SRFM has a low relative strength, it was outperformed by 94.85% 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) | DOWN | NEGATIVE | The current price of SRFM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SRFM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.84 | OVERSOLD | The low RSI value suggests SRFM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SRFM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.94 | OVERSOLD | The low Stochastics value suggests SRFM may be oversold. |
| Average True Range in percent/ATR (20) | 12.02 | HIGH VOLATILITY | The high ATR as a percentage value for SRFM suggests high volalility. |
| Average Directional Index/ADX (14) | 35.11 | POSITIVE | The high ADX value value for SRFM suggests a strong trend. |
SRFM Chart- and CandleStick Pattern Analysis
SRFM Technicals: Chart, Performance Metrics, Trend & Indicators
1.16
-0.01 (-0.85%)
SURF AIR MOBILITY INC / SRFM TA FAQ
What is the ChartMill technical rating of SURF AIR MOBILITY INC (SRFM) stock?
ChartMill assigns a technical rating of 0 / 10 to SRFM.
Can you provide the trend direction for SURF AIR MOBILITY INC?
The current trend direction for SURF AIR MOBILITY INC (SRFM) is Bearish.
What is the RSI signal for SRFM stock?
SURF AIR MOBILITY INC (SRFM) has an RSI value of 29.8438. This indicates that the stock is currently oversold.
Can you provide the MACD signal for SURF AIR MOBILITY INC?
The MACD indicator for SURF AIR MOBILITY INC (SRFM) has a value of -0.00601425, indicating a bearish trend.
What is the buy/sell signal for SURF AIR MOBILITY INC (SRFM) stock?
The buy/sell signal for SURF AIR MOBILITY INC (SRFM) is sell as both the short term and long term trends are negative.