AAR Corp. Technical Analysis (NYSE:AIR)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. When a chart pattern that can predict future AAR Corp. stock price movements is formed, the AIR stock chart can become a key tool for a technical analyst.
See AAR Corp. bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking AAR Corp. stock analysis using these technical indicators helps identify trading opportunities.
AAR Corp. Moving Average:
Moving averages show the AIR stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A rise in trend over the long term indicates a long term uptrend. Similarly a falling AIR moving average implies that AAR Corp. stock price is falling.
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. The stock price is trading between the average and the lower band in the context of AAR Corp. bollinger bands.
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 is above 0 indicating a bullish trend.
AAR Corp. Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in 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. .