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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that AIR is one of the better performing stocks in the market, outperforming 92% of all 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 an average performer in the Aerospace & Defense industry, it outperforms 66% of 78 stocks in the same industry.
- In the last month AIR has a been trading in the 99.18 - 121.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AIR Weekly and Daily overview Charts
AIR Setup Rating and Analysis
AIR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 104.25, a Stop Loss order could be placed below this zone.
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AIR Support and Resistance Analysis
77.54
5 important support areas can be observed.
- A support 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.
- 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 one important area.
- 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 | 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) | 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 Example Setup
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 |
|---|---|---|---|
| 110.92 | 101.90 | 9.02 (8.13%) | 12.30% |
| An entry @110.92. This is a Buy Stop order right above the 10 day high. | An exit @101.90. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.02 points, which is 8.13%. | When investing 12.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
AIR Technicals: Chart, Performance Metrics, Trend & Indicators
109.21
+0.36 (+0.33%)
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.