Aircastle Ltd (AYR) Stock Technical Analysis
NYSE:AYR - New York Stock Exchange, Inc. -
Overall AYR gets a technical rating of 7 out of 10. AYR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that AYR is one of the better performing stocks in the market, outperforming 97% of all stocks.
AYR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AYR is leading the market.
In the last month AYR has a been trading in the 25.31 - 32.01 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AYR has an average volume of 1807400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AYR 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 a resistance zone just above the current price starting at 32.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.90, a Stop Loss order could be placed below this zone.
More info and screens
22.07
32.75
6 important support areas can be observed.
- A support zone ranging from 30.85 to 31.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.63 to 29.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.15 from a horizontal line in the daily time frame.
- Support @26.89 from a trend line in the daily time frame.
- Support @24.07 from a trend line in the weekly time frame.
- Support @22.29 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.05 to 32.43. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for AYR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AYR is up. |
| ChartMill Relative Strength | 97.29 | POSITIVE | AYR has a high relative strength, it outperformed 97.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AYR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AYR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AYR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.65 | NEUTRAL | The RSI value for AYR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests AYR has a positive trend. |
| Stochastics (14,3) | 99.14 | OVERBOUGHT | The high Stochastics value suggests AYR may be overbought. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for AYR suggests some volalility. |
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)
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 |
|---|---|---|---|
| 32.44 | 30.84 | 1.60 (4.93%) | 20.28% |
| An entry @32.44. This is a Buy Stop order right above the resistance zone. | An exit @30.84. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.60 points, which is 4.93%. | When investing 20.28% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AYR. 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.
32.01
+0.1 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.31%
1 Week10.19%
2 Weeks1.01%
1 Month0.5%
3 Month0.03%
6 Month41.7%
12 Month58.15%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.68
ATR(20)%3.97%
ATR Inc-87.49%
Range Today0.26
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.29
Mansfield4.79
10 Day High32.01
10 Day Low25.31
20 Day High32.01
20 Day Low25.31
52 Week High32.47
52 Week Low19.11
CS1 End31.9
CR1 Start32.05
Volume & EV
DER(3)1.04%
DER(5)-0.63%
Volume4.90M
Volume Incr125.18%
Vol(5)5.77M
Vol(50)1.81M