MESA AIR GROUP INC (MESA)

US5904791358 - Common Stock

1.13  0 (0%)

Technical Rating and Analysis

5

Overall MESA gets a technical rating of 5 out of 10. MESA has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MESA has a been trading in the 0.86 - 1.20 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, MESA outperforms 61% of them, which is more or less in line with the market.
MESA is an average performer in the Passenger Airlines industry, it outperforms 40% of 23 stocks in the same industry.
MESA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MESA is lagging the market slightly.
Weekly and Daily overview Charts
MESA Weekly chart
MESA Daily chart
Setup Rating and Analysis

6

MESA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. 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

0.85

1.39

4 important support areas can be observed.

  • A support zone ranging from 1.05 to 1.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.00 from a horizontal line in the daily time frame.
  • Support @0.89 from a trend line in the weekly time frame.
  • A support zone ranging from 0.86 to 0.87. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • Resistance @1.18 from a trend line in the daily time frame.
  • A resistance zone ranging from 1.21 to 1.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @1.38 from a trend line in the weekly 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
CRS61.8
Mansfield-0.62
10 Day High1.2
10 Day Low1.03
20 Day High1.2
20 Day Low0.86
52 Week High1.89
52 Week Low0.55
Performance
1 Week5.61%
2 Weeks7.62%
1 Month30.64%
3 Month-1.74%
6 Month-36.87%
12 Month11.88%
2 Year-26.14%
3 Year-79.82%
5 Year-87.36%
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)59.1
LBB0.97
UBB1.2
MESA Daily chart

MESA AIR GROUP INC

NASDAQ:MESA (12/20/2024, 8:24:04 PM)

1.13

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg0%
1 Week5.61%
2 Weeks7.62%
1 Month30.64%
3 Month-1.74%
6 Month-36.87%
12 Month11.88%
2 Year-26.14%
3 Year-79.82%
5 Year-87.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.74%
ATR Inc49.28%
Range Today0.12
ADR(20)0.07
ADR(20)%6.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.8
Mansfield-0.62
10 Day High1.2
10 Day Low1.03
20 Day High1.2
20 Day Low0.86
52 Week High1.89
52 Week Low0.55
CS1 End1.06
CR1 Start1.18
Volume & EV
DER(3)-20.98%
DER(5)-7.2%
Volume169.00K
Volume Incr12.26%
Vol(5)265.22K
Vol(50)275.52K