News Image

AAR CORP (NYSE: AIR) momentum breakout alert!

By Kristoff De Turck

Last update: Jun 8, 2022

TRADING IDEA (Momentum Breakout)

AAR CORP engages in the provision of products and services to commercial aviation and government and defense industries. The company is headquartered in Wood Dale, Illinois and currently employs 4,700 full-time employees. The firm operates through two segments: Aviation Services and Expeditionary Services. Read the full profile here.

STRATEGY

Momentum Breakout Setup (Short term)

  1. clean breakout during last trading session (+5%)
  2. heavily increased buying volume
  3. closing price higher than $52 (latest resistance)

Last earnings: 2022-03-22

Next earnings: 2022-07-18



ACTUAL SETUP

  • Buy Stop | $52.88
  • Limit | $52.99
  • Stoploss | $49.11
  • Target | Hold between 2 - 5 days

ADDITIONAL INFO/TIPS

Disclaimer: These trading ideas are merely to demonstrate what ChartMill is capable of and shows some typical results of a breakout filter. It is in no way actual financial advise to invest or trade in these stocks. The author has no pre-existing position in any of these stocks.

Back

AAR CORP

NYSE:AIR (4/18/2024, 7:04:00 PM)

After market: 63.35 +0.32 (+0.51%)

63.03

+1.16 (+1.87%)

AIR News

News Image2 days ago - Market News VideoAIR Makes Bullish Cross Above Critical Moving Average
News Image7 days ago - AAR CORP.AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision Products

/PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an extension...

News Image9 days ago - AAR CORP.AAR awarded Supplier of the Year by Atlas Air Worldwide

/PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, was awarded the 2023...

News Image13 days ago - AAR CORP.AAR breaks ground on MRO facility expansion in Oklahoma City

/PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, broke ground on the...

News Image15 days ago - AAR CORP.AAR announces exclusive commercial distribution agreement with TRIUMPH

/PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has announced an...

News Imagea month ago - Market News VideoNotable Two Hundred Day Moving Average Cross - AIR
News Imagea month ago - BusinessInsiderAIR Stock Earnings: AAR Beats EPS, Misses Revenue for Q3 2024

InvestorPlace - Stock Market News, Stock Advice & Trading Tips AAR (NYSE:AIR) just reported results for the third quarter of 2024.AAR reported...

News Imagea month ago - InvestorPlaceAIR Stock Earnings: AAR Beats EPS, Misses Revenue for Q3 2024

AIR stock results show that AAR beat analyst estimates for earnings per share but missed on revenue for the third quarter of 2024.

News Imagea month ago - AAR CORP.AAR reports third quarter fiscal year 2024 results

/PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported third...

News Imagea month ago - AAR CORP.AAR elects Jeffrey N. Edwards to its Board of Directors

/PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that...

News Imagea month ago - AAR CORP.AAR, Cebu Pacific sign CFM56-5B surplus material agreement

/PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a multi-year...

News Imagea month ago - AAR CORP.AAR to announce third quarter fiscal year 2024 results on March 21, 2024

/PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it...

AIR Links
Follow us for more