Weaker Buy Today ATRO ranks #1489 as BUY CANDIDATE. Stronger Buy
Today ATRO ranks #1489 as BUY CANDIDATE.

ATRO stock Astronics Corporation

ATRO stock
Astronics Corporation

April 23, 2019
Change 2.73%
Chart period: 2019-01-24 - 2019-04-23
VOLUME
Sell
TREND
Hold

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will ATRO stock price go up or down on Thu, 25 Apr 2019?

Astronics Corporation Forecast and Stock Analysis

Technical ATRO stock analysis for April 23, 2019.

Buy candidate since 2019-04-18 Gain 3.18%
Shorts n/a
Cash n/a
Loans n/a
Beta 1.65
ROA 6.33

Astronics Corporation gained 2.73% in the last trading day, rising from $32.25 to $33.13 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 6 of the last 10 days , but is still down by -1.02% for this period. Volume fell in the last day by -27 960 shares, and in total, 88 883 shares bought and sold for approximately $2.94 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Close price at the end of the last trading day (Tuesday, 23rd Apr 2019) of the ATRO stock was $33.13. This is 2.73% more than the trading day before Monday, 22nd Apr 2019.

During day the stock fluctuated 2.70% from a day low at $32.35 to a day high of $33.23.

30 day high of the ATRO stock price was $34.18 and low was $29.92.
90 day high was $36.81 and low was $29.40.
52 week high for the Astronics Corporation - $46.56 and low - $27.56.

Trend

Given the current horizontal trend you can expect Astronics Corporation with 90% probability to be traded between $30.45 and $36.13 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. Astronics Corporation holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $32.42 and $32.18. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday April 17, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely.

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Relative Strength Index (RSI)

RSI14 is 53 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Astronics Corporation finds support from accumulated volume at $32.72.

Support: $32.72 Price: $33.13 Resistance: $33.25

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.88 (2.70%) between high and low. For the last week, the stock has had a daily average volatility of 2.67%.

Our recommended stoploss: $31.74 (-4.20%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 3 days ago.)

Overall risk:

Very Low Low Medium High Very High

Weaker Buy Today ATRO ranks #1489 as BUY CANDIDATE. Stronger Buy
Today ATRO ranks #1489 as BUY CANDIDATE.