AIR TRANSPORT SERVICES GROUP (ATSG)
US00922R1059 - Common Stock
Overall ATSG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATSG is showing a nice and steady performance.
ATSG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 22.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ATSG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.95
4 important support areas can be observed.
- A support zone ranging from 21.95 to 21.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.91 from a trend line in the daily time frame.
- Support @13.08 from a trend line in the daily time frame.
- A support zone ranging from 12.07 to 12.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.01 to 22.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 |
|---|---|---|---|
| 22.08 | 21.94 | 0.14 (0.63%) | 25.00% |
| An entry @22.08. This is a Buy Stop order right above the resistance zone. | An exit @21.94. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 0.63%. | For a 0.16% 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 ATSG. 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.
AIR TRANSPORT SERVICES GROUP
NASDAQ:ATSG (11/21/2024, 8:13:29 PM)
After market: 21.96 0 (0%)21.96
-0.03 (-0.14%)