SURF AIR MOBILITY INC (SRFM) Technical Analysis
NYSE:SRFM • US8689272032
Current stock price
SRFM Technical Rating and Analysis
Taking everything into account, SRFM scores 0 out of 10 in our technical rating. SRFM'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SRFM is a bad performer in the overall market: 96% of all stocks are doing better.
- 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SRFM has a been trading in the 1.04 - 1.46 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- SRFM has an average volume of 3130020 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
SRFM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.10, a Stop Loss order could be placed below this zone.
More info and screens
SRFM Support and Resistance Analysis
1.09
When analyzing the support we notice one important area.
- A support zone ranging from 1.10 to 1.10. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.66 from a trend line in the daily 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 | 4.09 | NEGATIVE | SRFM has a low relative strength, it was outperformed by 95.91% 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) | 41.46 | NEUTRAL | The RSI value for SRFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SRFM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for SRFM is a neutral value. |
| Average True Range in percent/ATR (20) | 11.57 | HIGH VOLATILITY | The high ATR as a percentage value for SRFM suggests high volalility. |
| Average Directional Index/ADX (14) | 20.25 | NEUTRAL | The ADX value for SRFM suggests a possible start of a new trend. |
SRFM Chart- and CandleStick Pattern Analysis
SRFM Technicals: Chart, Performance Metrics, Trend & Indicators
1.13
-0.01 (-0.88%)
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 41.4561. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SURF AIR MOBILITY INC?
The MACD indicator for SURF AIR MOBILITY INC (SRFM) has a value of 0.0187326, 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.