We assign a technical rating of 0 out of 10 to XAIR. 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 technical rating of XAIR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
1.08
When analyzing the resistance we notice 3 important areas.
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 | DOWN | NEGATIVE | The short term trend for XAIR is down. |
| ChartMill Relative Strength | 1.38 | NEGATIVE | XAIR has a low relative strength, it was outperformed by 98.62% 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) | 25.18 | OVERSOLD | The low RSI value suggests XAIR may be oversold. |
| 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) | 7.29 | OVERSOLD | The low Stochastics value suggests XAIR may be oversold. |
| Average True Range in percent/ATR (20) | 12.7 | HIGH VOLATILITY | The high ATR as a percentage value for XAIR suggests high volalility. |
| Average Directional Index/ADX (14) | 49.25 | POSITIVE | The high ADX value value for XAIR suggests a strong trend. |
1.09
-0.05 (-4.39%)
ChartMill assigns a technical rating of 0 / 10 to XAIR.
The current trend direction for BEYOND AIR INC (XAIR) is Bearish.
BEYOND AIR INC (XAIR) has an RSI value of 25.1777. This indicates that the stock is currently oversold.
The MACD indicator for BEYOND AIR INC (XAIR) has a value of 0.003254, indicating a bearish trend.
The buy/sell signal for BEYOND AIR INC (XAIR) is sell as both the short term and long term trends are negative.