FTAI AVIATION LTD (FTAI) Stock Technical Analysis
NASDAQ:FTAI - Nasdaq - KYG3730V1059 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to FTAI. FTAI 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.
FTAI is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry. FTAI outperforms 85% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
FTAI has an average volume of 1760210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that FTAI is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this relatively good performance is mostly due to a recent big move.
FTAI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FTAI is lagging the market slightly.
In the last month FTAI has a been trading in the 108.47 - 152.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although FTAI has an excellent technical rating, it does not present a decent entry opportunity 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
88.80
138.69
We found 5 important support areas.
- A support zone ranging from 115.84 to 121.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 112.34 to 112.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @109.76 from a horizontal line in the daily time frame.
- Support @100.57 from a trend line in the weekly time frame.
- Support @89.70 from a trend line in the daily time frame.
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 FTAI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTAI is up. |
| ChartMill Relative Strength | 91.44 | POSITIVE | FTAI has a high relative strength, it outperformed 91.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTAI is above 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) | DOWN | MIXED | The current price of FTAI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.67 | NEUTRAL | The RSI value for FTAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.21 | POSITIVE | The MACD value suggests FTAI has a positive trend. |
| Stochastics (14,3) | 74.33 | NEUTRAL | The Stochastics value for FTAI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for FTAI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.48 | NEUTRAL | The ADX value for FTAI suggests a possible start of a new 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)
137.32
-0.29 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.21%
1 Week17.19%
2 Weeks20.89%
1 Month19.46%
3 Month52.66%
6 Month36.6%
12 Month34.68%
2 Year271.54%
3 Year721.29%
5 Year766.37%
10 Year915.68%
15 YearN/A
Volatility
ATR(14)7.59
ATR(20)%4.89%
ATR Inc130.36%
Range Today12.63
ADR(20)6.02
ADR(20)%4.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.44
Mansfield0.37
10 Day High152.82
10 Day Low109.9
20 Day High152.82
20 Day Low108.47
52 Week High181.64
52 Week Low75.06
CS1 End121.2
CR1 StartN/A
Volume & EV
DER(3)-0.29%
DER(5)-0.28%
Volume1.89M
Volume Incr32.22%
Vol(5)2.90M
Vol(50)1.76M