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AAR CORP (AIR)

US0003611052 - Common Stock

69.5  +0.18 (+0.26%)

After market: 69.5 0 (0%)

Technical Rating and Analysis

10

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.

The long and short term trends are both positive. This is looking good!
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 64 other stocks in this industry. AIR outperforms 82% 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.
Weekly and Daily overview Charts
AIR Weekly chart
AIR Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, AIR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 69.49, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

57.24

71.29

We found 3 important support areas.

  • A support zone ranging from 69.32 to 69.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 58.84 to 59.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @57.82 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 69.85 to 70.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.69
Mansfield1.41
10 Day High71.52
10 Day Low67.93
20 Day High71.52
20 Day Low62.61
52 Week High71.52
52 Week Low41.17
Performance
1 Week-0.5%
2 Weeks0.89%
1 Month11.27%
3 Month20.22%
6 Month25.95%
12 Month53.02%
2 Year78.07%
3 Year91.88%
5 Year86.13%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.17
RSI(14)65.68
LBB67.05
UBB71
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.

ENTRYEXITDISTANCECAPITAL
70.5969.311.28 (1.81%)25.00%
An entry @70.59. This is a Buy Stop order right above the resistance zone.An exit @69.31. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.28 points, which is 1.81%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.45%.

  • The distance between exit and entry is rather small compared to the average daily movement of AIR. Please evaluate whether better entry and exit points can be found.
  • 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 Daily chart

AAR CORP

NYSE:AIR (12/8/2023, 7:04:00 PM)

After market: 69.5 0 (0%)

69.5

+0.18 (+0.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.26%
1 Week-0.5%
2 Weeks0.89%
1 Month11.27%
3 Month20.22%
6 Month25.95%
12 Month53.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.31
ATR(20)%2.18%
ATR Inc
Range Today1.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High71.52
10 Day Low67.93
20 Day High71.52
20 Day Low62.61
52 Week High71.52
52 Week Low41.17
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume211.20K
Volume Incr-0.92%
Vol(5)209.72K
Vol(50)191.64K