AAR CORP (AIR) Stock Technical Analysis
NYSE:AIR - New York Stock Exchange, Inc. - US0003611052 - Common Stock - Currency: USD
Overall AIR gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AIR is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
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.
In the last month AIR has a been trading in the 66.68 - 76.26 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, AIR did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
AIR is an average performer in the Aerospace & Defense industry, it outperforms 43% of 65 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Although AIR has an excellent technical rating, it 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
65.51
75.59
We found 2 important support areas.
- A support zone ranging from 71.47 to 72.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 66.17 to 67.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 78.24 | POSITIVE | AIR has a high relative strength, it outperformed 78.24% 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) | 78.34 | OVERBOUGHT | The high RSI value suggests AIR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests AIR has a positive trend. |
| Stochastics (14,3) | 90.08 | OVERBOUGHT | The high Stochastics value suggests AIR may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for AIR suggests some volalility. |
| Average Directional Index/ADX (14) | 41.07 | 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)
74.84
+0.29 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.39%
1 Week4.73%
2 Weeks9.13%
1 Month9.72%
3 Month40.18%
6 Month10.51%
12 Month0.88%
2 Year25.15%
3 Year68.07%
5 Year334.61%
10 Year177.7%
15 YearN/A
Volatility
ATR(14)1.71
ATR(20)%2.23%
ATR Inc11.36%
Range Today2.14
ADR(20)1.67
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.24
Mansfield0.85
10 Day High76.26
10 Day Low68.16
20 Day High76.26
20 Day Low66.68
52 Week High76.34
52 Week Low46.51
CS1 End72.07
CR1 StartN/A
Volume & EV
DER(3)1.71%
DER(5)0.96%
Volume570.50K
Volume Incr45.64%
Vol(5)392.76K
Vol(50)255.61K