AGEAGLE AERIAL SYSTEMS INC (UAVS) Stock Technical Analysis
USA - NYSEARCA:UAVS - US00848K3095 - Common Stock
2.58 USD
+0.09 (+3.61%)
2.58 USD
0 (0%)
We assign a technical rating of 6 out of 10 to UAVS. Although UAVS has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
UAVS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
UAVS is part of the Machinery industry. There are 129 other stocks in this industry. UAVS outperforms 81% of them.
In the last month UAVS has a been trading in the 1.62 - 2.63 range, which is quite wide. It is currently trading near the high of this range.
UAVS has an average volume of 4526410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the yearly performance of all stocks, we notice that UAVS is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
UAVS has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.00
2.79
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.00 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.86 from a trend line in the daily time frame.
- Support @1.01 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.76 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for UAVS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UAVS is up. |
| ChartMill Relative Strength | 84.91 | POSITIVE | UAVS has a high relative strength, it outperformed 84.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UAVS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UAVS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of UAVS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.38 | OVERBOUGHT | The high RSI value suggests UAVS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests UAVS has a positive trend. |
| Stochastics (14,3) | 87.17 | OVERBOUGHT | The high Stochastics value suggests UAVS may be overbought. |
| Average True Range in percent/ATR (20) | 7.88 | HIGH VOLATILITY | The high ATR as a percentage value for UAVS suggests high volalility. |
| Average Directional Index/ADX (14) | 25.53 | POSITIVE | The high ADX value value for UAVS 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)
2.58
+0.09 (+3.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg3.61%
1 Week26.47%
2 Weeks28.36%
1 Month39.46%
3 Month136.7%
6 Month148.08%
12 Month-80.57%
2 Year-97.47%
3 Year-99.51%
5 Year-99.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%7.88%
ATR Inc58.19%
Range Today0.25
ADR(20)0.19
ADR(20)%7.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.91
Mansfield0.49
10 Day High2.63
10 Day Low1.9
20 Day High2.63
20 Day Low1.62
52 Week High13.36
52 Week Low0.72
CS1 End2.05
CR1 Start2.76
Volume & EV
DER(3)4.37%
DER(5)1.8%
Volume7.31M
Volume Incr50.32%
Vol(5)5.14M
Vol(50)4.53M