AAR Corp. Technical Analysis (NYSE:AIR)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The AAR Corp. stock price data and volume are plotted in AIR stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for AAR Corp.. Technical analysis uses an approach for AAR Corp. stock analysis that does not care for the fair value of a company but uses price and volume data only.
AAR Corp. Moving Average
Moving averages show the average price of AIR stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $40.2 is below the last closing price of $43.4 and the 50 day moving average of $40.54 is below the last closing price of $43.4. The 10 and 20 day periods can predict short term moving average trends.
AAR Corp. Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the AIR stock. AAR Corp. bollinger bands show that the stock price is $43.4, upper band is 43.41, lower band is 36.99, and the average is 40.2.
AAR Corp. Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The AAR Corp. MACD indicator can be used to identify bullish and bearish trends for the stock.
AAR Corp. Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of AIR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.