BEYOND AIR INC (XAIR) Stock Technical Analysis
NASDAQ:XAIR - Nasdaq - US08862L1035 - Common Stock - Currency: USD
Overall XAIR gets a technical rating of 0 out of 10. XAIR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
98% of all other stocks performed better in the past year than XAIR.
XAIR is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 83% of 187 stocks in the same industry do better.
XAIR 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 XAIR has a been trading in the 0.15 - 0.29 range, which is quite wide. It is currently trading near the lows of this range.
XAIR has an average volume of 3210520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XAIR has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.17
0.26
We can see 4 important resistance areas.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @0.24 from a trend line in the daily time frame.
- Resistance @0.26 from a trend line in the daily 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 XAIR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XAIR is neutral. |
| ChartMill Relative Strength | 2.8 | NEGATIVE | XAIR has a low relative strength, it was outperformed by 97.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XAIR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XAIR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XAIR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.08 | NEUTRAL | The RSI value for XAIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests XAIR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.27 | NEUTRAL | The Stochastics value for XAIR is a neutral value. |
| Average True Range in percent/ATR (20) | 18.44 | HIGH VOLATILITY | The high ATR as a percentage value for XAIR suggests high volalility. |
| Average Directional Index/ADX (14) | 25.83 | POSITIVE | The high ADX value value for XAIR 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)
0.1726
-0.02 (-11.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-11.49%
1 Week-3.58%
2 Weeks5.7%
1 Month-13.7%
3 Month-26.93%
6 Month-55.4%
12 Month-69.54%
2 Year-95.22%
3 Year-98.13%
5 Year-97.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%18.44%
ATR Inc-5.22%
Range Today0.02
ADR(20)0.03
ADR(20)%15.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.8
Mansfield-5.5
10 Day High0.22
10 Day Low0.15
20 Day High0.29
20 Day Low0.15
52 Week High0.68
52 Week Low0.15
CS1 EndN/A
CR1 Start0.18
Volume & EV
DER(3)-11.91%
DER(5)-8.25%
Volume1.93M
Volume Incr-61.08%
Vol(5)2.11M
Vol(50)3.21M