FTAI Technical Analysis - FTAI AVIATION LTD

Technical Rating and Analysis

We assign a technical rating of 9 out of 10 to FTAI. Both in the recent history as in the last year, FTAI 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!

FTAI is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 85% of 49 stocks in the same industry.

FTAI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FTAI is lagging the market slightly.

In the last month FTAI has a been trading in the 154.11 - 184.44 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.

FTAI has an average volume of 1275350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Looking at the yearly performance, FTAI did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

FTAI AVIATION LTD / FTAI Weekly stock chart

FTAI AVIATION LTD / FTAI Daily stock chart

Setup Rating and Analysis

Although FTAI has an excellent technical rating, the quality of the presented setup is not ideal 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

111.80

171.38

When analyzing the support we can see 4 important areas.

Support @167.91 from a trend line in the daily time frame.
A support zone ranging from 163.26 to 164.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 130.11 to 130.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @112.93 from a horizontal line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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 FTAI is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for FTAI is up.
ChartMill Relative Strength	87.24	POSITIVE	FTAI has a high relative strength, it outperformed 87.24% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of FTAI is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of FTAI is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of FTAI is above the rising SMA(200).
Relative Strength Index/RSI (14)	55.46	NEUTRAL	The RSI value for FTAI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-1.84	NEGATIVE	The MACD value suggests FTAI has a negative trend.
Stochastics (14,3)	42.25	NEUTRAL	The Stochastics value for FTAI is a neutral value.
Average True Range in percent/ATR (20)	3.71	MEDIUM VOLATILITY	The ATR as a percentage value for FTAI suggests some volalility.
Average Directional Index/ADX (14)	28.19	POSITIVE	The high ADX value value for FTAI suggests a strong trend.