AYRO INC (AYRO)

US0547482077 - Common Stock

0.75  -0.06 (-7.41%)

Technical Rating and Analysis

2

Taking everything into account, AYRO scores 2 out of 10 in our technical rating. In the past year, AYRO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

90% of all other stocks performed better in the past year than AYRO.
AYRO 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 AYRO has a been trading in the 0.65 - 0.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
AYRO is an average performer in the Automobiles industry, it outperforms 51% of 42 stocks in the same industry.
Weekly and Daily overview Charts
AYRO Weekly chart
AYRO Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, AYRO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.80, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

0.72

0.87

When analyzing the support we notice one important area.

  • Support @0.73 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 0.75 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 0.79 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.86 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.97
Mansfield-3.76
10 Day High0.96
10 Day Low0.65
20 Day High0.96
20 Day Low0.65
52 Week High2.1
52 Week Low0.65
Performance
1 Week8.48%
2 Weeks10.88%
1 Month8.49%
3 Month2.86%
6 Month1%
12 Month-58.29%
2 Year-73.71%
3 Year-93.75%
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)0.01
RSI(14)54.25
LBB0.66
UBB0.86
AYRO Daily chart

AYRO INC

NASDAQ:AYRO (12/18/2024, 10:48:56 AM)

0.75

-0.06 (-7.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-7.41%
1 Week8.48%
2 Weeks10.88%
1 Month8.49%
3 Month2.86%
6 Month1%
12 Month-58.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%8.95%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.96
10 Day Low0.65
20 Day High0.96
20 Day Low0.65
52 Week High2.1
52 Week Low0.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume284.60K
Volume Incr14980.67%
Vol(5)5.77M
Vol(50)613.00K