AAR CORP (AIR) Stock Technical Analysis
NYSE:AIR • US0003611052
We assign a technical rating of 10 out of 10 to AIR. Both in the recent history as in the last year, AIR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that AIR is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, AIR also shows a nice and consistent pattern of rising prices.
- AIR is part of the Aerospace & Defense industry. There are 73 other stocks in this industry. AIR outperforms 70% of them.
- AIR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- AIR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, AIR also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 112.97, a Stop Loss order could be placed below this zone.
More info and screens
77.54
We found 6 important support areas.
- A support zone ranging from 111.22 to 112.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @89.57 from a trend line in the daily time frame.
- Support @87.73 from a trend line in the weekly time frame.
- Support @85.37 from a trend line in the daily time frame.
- Support @81.89 from a trend line in the weekly time frame.
- Support @78.32 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for AIR is up. |
| ChartMill Relative Strength | 93.51 | POSITIVE | AIR has a high relative strength, it outperformed 93.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIR is above 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) | 68.74 | NEUTRAL | The RSI value for AIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests AIR has a negative trend. |
| Stochastics (14,3) | 71.57 | NEUTRAL | The Stochastics value for AIR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for AIR suggests some volalility. |
| Average Directional Index/ADX (14) | 53.67 | POSITIVE | The high ADX value value for AIR suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 118.01 | 111.21 | 6.80 (5.76%) | 17.35% |
| An entry @118.01. This is a Buy Stop order right above the 10 day high. | An exit @111.21. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.80 points, which is 5.76%. | For a 1.00% total portfolio risk, you can invest 17.35% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
112.98
-0.24 (-0.21%)
AAR CORP / AIR FAQ
What is the ChartMill technical rating of AAR CORP (AIR) stock?
ChartMill assigns a technical rating of 10 / 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 68.7412. 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 -0.125788, indicating a bearish trend.
What is the short term momentum for AAR CORP (AIR) stock?
The short term momentum for AAR CORP (AIR) is positive.