Overall AIRR gets a technical rating of 9 out of 10. Both in the recent history as in the last year, AIRR has proven to be a steady performer, scoring decent points in every aspect analyzed.
AIRR has an excellent technical rating, but the quality of the setup is only medium 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.
61.39
6 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 AIRR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AIRR is up. |
| ChartMill Relative Strength | 81.87 | POSITIVE | AIRR has a high relative strength, it outperformed 81.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIRR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIRR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AIRR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.95 | NEUTRAL | The RSI value for AIRR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests AIRR has a positive trend. |
| Stochastics (14,3) | 89.14 | OVERBOUGHT | The high Stochastics value suggests AIRR may be overbought. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for AIRR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.29 | NEGATIVE | The low ADX value for AIRR suggests a weak or negative 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 |
|---|---|---|---|
| 101.71 | 97.00 | 4.71 (4.63%) | 21.59% |
| An entry @101.71. This is a Buy Stop order right above the resistance zone. | An exit @97.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.71 points, which is 4.63%. | When investing 21.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
101.69
+2.81 (+2.84%)
ChartMill assigns a technical rating of 9 / 10 to AIRR.
The current trend direction for FIRST TRUST RBA AMERICAN IND (AIRR) is Bullish.
FIRST TRUST RBA AMERICAN IND (AIRR) has an RSI value of 63.9494. This indicates that the stock is currently neutral.
The MACD indicator for FIRST TRUST RBA AMERICAN IND (AIRR) has a value of 0.527149, indicating a bearish trend.
FIRST TRUST RBA AMERICAN IND (AIRR) has a support level at 97.3 and a resistance level at 101.7. Check the full technical report for our detailed analysis of AIRR support and resistance levels.