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MESA AIR GROUP INC (MESA) Stock Technical Analysis

NASDAQ:MESA - Nasdaq - US5904791358 - Common Stock - Currency: USD

1.15  -0.08 (-6.5%)

Technical Rating and Analysis

5

Overall MESA gets a technical rating of 5 out of 10. Although MESA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, we notice that MESA is one of the better performing stocks in the market, outperforming 89% of all stocks.
MESA is part of the Passenger Airlines industry. There are 23 other stocks in this industry. MESA outperforms 86% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MESA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MESA is lagging the market.
In the last month MESA has a been trading in the 1.01 - 1.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MESA AIR GROUP INC / MESA Weekly stock chart
MESA AIR GROUP INC / MESA Daily stock chart
Setup Rating and Analysis

3

MESA has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.86

1.32

We found 4 important support areas.

  • Support @1.11 from a trend line in the daily time frame.
  • A support zone ranging from 1.09 to 1.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.96 from a trend line in the weekly time frame.
  • A support zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 1.22 to 1.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @1.27 from a trend line in the weekly time frame.
  • Resistance @1.31 from a trend 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
CRS89.61
Mansfield-0.71
10 Day High1.3
10 Day Low1.01
20 Day High1.36
20 Day Low1.01
52 Week High1.89
52 Week Low0.75
Performance
1 Week0.88%
2 Weeks-8.73%
1 Month-14.18%
3 Month32.12%
6 Month-9.45%
12 Month24%
2 Year-62.05%
3 Year-73.56%
5 Year-80.07%
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)43.05
LBB1.08
UBB1.32
MESA AIR GROUP INC / MESA Daily stock chart

MESA AIR GROUP INC

NASDAQ:MESA (2/21/2025, 8:00:01 PM)

1.15

-0.08 (-6.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-6.5%
1 Week0.88%
2 Weeks-8.73%
1 Month-14.18%
3 Month32.12%
6 Month-9.45%
12 Month24%
2 Year-62.05%
3 Year-73.56%
5 Year-80.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%6.06%
ATR Inc-26.27%
Range Today0.08
ADR(20)0.07
ADR(20)%6.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.61
Mansfield-0.71
10 Day High1.3
10 Day Low1.01
20 Day High1.36
20 Day Low1.01
52 Week High1.89
52 Week Low0.75
CS1 End1.11
CR1 Start1.22
Volume & EV
DER(3)5.37%
DER(5)-1.77%
Volume124.40K
Volume Incr36.49%
Vol(5)260.00K
Vol(50)245.53K