AAR CORP (AIR) Technical Analysis
NYSE:AIR • US0003611052
Current stock price
AIR Technical Rating and Analysis
Overall AIR gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month AIR has a been trading in the 99.18 - 121.64 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, AIR did better than 92% of all other stocks. We also observe that the gains produced by AIR over the past year are nicely spread over this period.
- AIR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AIR is performing more or less in line with the market.
- AIR is part of the Aerospace & Defense industry. There are 78 other stocks in this industry, AIR did better than 66% of them.
AIR Weekly and Daily overview Charts
AIR Setup Rating and Analysis
Although AIR has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
AIR Support and Resistance Analysis
77.54
4 important support areas can be observed.
- Support @91.91 from a trend line in the weekly time frame.
- Support @85.05 from a trend line in the daily time frame.
- Support @83.64 from a trend line in the weekly time frame.
- Support @78.32 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 101.91 to 104.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @119.77 from a horizontal line in the daily time frame.
AIR Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AIR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AIR is neutral. |
| ChartMill Relative Strength | 92.13 | POSITIVE | AIR has a high relative strength, it outperformed 92.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AIR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AIR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AIR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.27 | NEUTRAL | The RSI value for AIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests AIR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.46 | NEUTRAL | The Stochastics value for AIR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for AIR suggests some volalility. |
| Average Directional Index/ADX (14) | 34.81 | POSITIVE | The high ADX value value for AIR suggests a strong trend. |
AIR Chart- and CandleStick Pattern Analysis
AIR Technicals: Chart, Performance Metrics, Trend & Indicators
101.33
-7.88 (-7.22%)
AAR CORP / AIR TA FAQ
What is the ChartMill technical rating of AAR CORP (AIR) stock?
ChartMill assigns a technical rating of 9 / 10 to AIR.
What is the current trend direction of AAR CORP (AIR) stock?
The current trend direction for AAR CORP (AIR) is Bullish.
Can you provide the RSI signal for AAR CORP?
AAR CORP (AIR) has an RSI value of 49.2712. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AAR CORP?
The MACD indicator for AAR CORP (AIR) has a value of -0.846056, indicating a bearish trend.
What is the short term momentum for AAR CORP (AIR) stock?
The short term momentum for AAR CORP (AIR) is neutral.