AAR CORP (AIR) Stock Technical Analysis
NYSE:AIR - New York Stock Exchange, Inc. - US0003611052 - Common Stock - Currency: USD
Taking everything into account, AIR scores 6 out of 10 in our technical rating. In the past year, AIR was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
AIR is part of the Aerospace & Defense industry. There are 65 other stocks in this industry, of which 76% are performing better than AIR.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
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.
In the last month AIR has a been trading in the 58.83 - 69.31 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, AIR turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
AIR has an average technical rating and it also does not offer a high quality setup 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
59.16
72.90
When analyzing the support we can see 2 important areas.
- Support @65.15 from a trend line in the daily time frame.
- A support zone ranging from 59.76 to 59.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @69.28 from a horizontal line in the weekly time frame.
- Resistance @70.82 from a horizontal line in the daily time frame.
- Resistance @72.18 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for AIR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AIR is up. |
| ChartMill Relative Strength | 50.9 | NEUTRAL | AIR is not amongst the best or worst performers 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) | 75.19 | OVERBOUGHT | The high RSI value suggests AIR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests AIR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.42 | OVERBOUGHT | The high Stochastics value suggests AIR may be overbought. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for AIR suggests some volalility. |
| Average Directional Index/ADX (14) | 35.47 | POSITIVE | The high ADX value value for AIR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
68.63
-0.14 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.2%
1 Week2.62%
2 Weeks11.76%
1 Month10.41%
3 Month2.07%
6 Month8.56%
12 Month2.43%
2 Year18.82%
3 Year64.03%
5 Year232.03%
10 Year115.34%
15 YearN/A
Volatility
ATR(14)1.68
ATR(20)%2.32%
ATR Inc9.67%
Range Today1.8
ADR(20)1.55
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.9
Mansfield0.28
10 Day High69.31
10 Day Low60.74
20 Day High69.31
20 Day Low58.83
52 Week High76.34
52 Week Low46.51
CS1 End65.15
CR1 Start69.28
Volume & EV
DER(3)0.03%
DER(5)1.35%
Volume271.80K
Volume Incr23.6%
Vol(5)262.86K
Vol(50)262.53K