AERSALE CORP (ASLE) Stock Technical Analysis
NASDAQ:ASLE - Nasdaq - US00810F1066 - Common Stock - Currency: USD
Taking everything into account, ASLE scores 7 out of 10 in our technical rating. Although ASLE is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
78% of all other stocks performed better in the past year than ASLE.
ASLE is one of the lesser performing stocks in the Aerospace & Defense industry. 72% of 66 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ASLE has a been trading in the 6.55 - 7.21 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
ASLE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ASLE is lagging the market.
Besides having an excellent technical rating, ASLE also presents a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.98
7.19
3 important support areas can be observed.
- A support zone ranging from 6.86 to 6.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.65 from a trend line in the daily time frame.
- A support zone ranging from 6.04 to 6.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.91 to 6.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.09 to 7.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.73
Mansfield-0.08
10 Day High7.21
10 Day Low6.73
20 Day High7.21
20 Day Low6.55
52 Week High9.49
52 Week Low4.53
Performance
1 Week0%
2 Weeks0.58%
1 Month0.29%
3 Month5.02%
6 Month32.95%
12 Month-25.49%
2 Year-65.26%
3 Year-55.94%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)55.9
LBB6.74
UBB7.11
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.97 | 6.85 | 0.12 (1.72%) | 25.00% |
| An entry @6.97. This is a Buy Stop order right above the resistance zone. | An exit @6.85. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.12 points, which is 1.72%. | For a 0.43% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ASLE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
6.9
+0.02 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.29%
1 Week0%
2 Weeks0.58%
1 Month0.29%
3 Month5.02%
6 Month32.95%
12 Month-25.49%
2 Year-65.26%
3 Year-55.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%2.72%
ATR Inc28.3%
Range Today0.32
ADR(20)0.19
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.73
Mansfield-0.08
10 Day High7.21
10 Day Low6.73
20 Day High7.21
20 Day Low6.55
52 Week High9.49
52 Week Low4.53
CS1 End6.89
CR1 Start6.91
Volume & EV
DER(3)-5.32%
DER(5)-1.28%
Volume263.50K
Volume Incr12.4%
Vol(5)249.58K
Vol(50)264.07K