BEYOND AIR INC (XAIR) Stock Technical Analysis
NASDAQ:XAIR - Nasdaq - US08862L1035 - Common Stock - Currency: USD
Taking everything into account, XAIR scores 0 out of 10 in our technical rating. XAIR'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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. 87% of 189 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. The S&P500 Index is trading in the upper part of its 52 week range, so XAIR is lagging the market.
XAIR has an average volume of 2072570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month XAIR has a been trading in the 0.16 - 0.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
XAIR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.18
0.19
When analyzing the support we notice one important area.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 2.68 | NEGATIVE | XAIR has a low relative strength, it was outperformed by 97.32% 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) | 42.73 | 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. |
| Stochastics (14,3) | 51.21 | NEUTRAL | The Stochastics value for XAIR is a neutral value. |
| Average True Range in percent/ATR (20) | 9.04 | HIGH VOLATILITY | The high ATR as a percentage value for XAIR suggests high volalility. |
| Average Directional Index/ADX (14) | 22.75 | NEUTRAL | The ADX value for XAIR suggests a possible start of a new 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)
0.19
+0 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.8%
1 Week4.4%
2 Weeks-3.11%
1 Month-12.72%
3 Month-45.76%
6 Month-64.81%
12 Month-82.81%
2 Year-96.39%
3 Year-96.67%
5 Year-97.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%9.04%
ATR Inc-23.55%
Range Today0.02
ADR(20)0.02
ADR(20)%8.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.68
Mansfield-5.95
10 Day High0.2
10 Day Low0.16
20 Day High0.22
20 Day Low0.16
52 Week High1.49
52 Week Low0.16
CS1 End0.18
CR1 StartN/A
Volume & EV
DER(3)-4.06%
DER(5)-5.1%
Volume2.37M
Volume Incr-68.1%
Vol(5)1.10M
Vol(50)2.07M