Taking everything into account, AIRR scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, AIRR has proven to be a steady performer, scoring decent points in every aspect analyzed.
AIRR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 100.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AIRR in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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When analyzing the support we can see 6 important areas.
- A support zone ranging from 97.41 to 100.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @94.94 from a trend line in the daily time frame.
- Support @92.97 from a horizontal line in the weekly time frame.
- Support @91.04 from a horizontal line in the daily time frame.
- Support @89.05 from a horizontal line in the daily time frame.
- Support @62.01 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 101.71 to 103.29. 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 | UP | POSITIVE | The long term trend for AIRR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AIRR is up. |
| ChartMill Relative Strength | 82.69 | POSITIVE | AIRR has a high relative strength, it outperformed 82.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIRR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIRR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AIRR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.77 | NEUTRAL | The RSI value for AIRR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests AIRR has a positive trend. |
| Stochastics (14,3) | 48.4 | NEUTRAL | The Stochastics value for AIRR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for AIRR suggests some volalility. |
| Average Directional Index/ADX (14) | 11.67 | NEGATIVE | The low ADX value for AIRR suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 103.30 | 97.40 | 5.90 (5.71%) | 17.51% |
| An entry @103.30. This is a Buy Stop order right above the resistance zone. | An exit @97.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.90 points, which is 5.71%. | When investing 17.51% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
101.7
+1.77 (+1.77%)
FIRST TRUST RBA AMERICAN IND / AIRR FAQ
What is the technical rating for AIRR stock?
ChartMill assigns a technical rating of 9 / 10 to AIRR.
What is the current trend direction of FIRST TRUST RBA AMERICAN IND (AIRR) stock?
The current trend direction for FIRST TRUST RBA AMERICAN IND (AIRR) is Bullish.
Can you provide the RSI signal for FIRST TRUST RBA AMERICAN IND?
FIRST TRUST RBA AMERICAN IND (AIRR) has an RSI value of 58.7727. This indicates that the stock is currently neutral.
What is the MACD signal for FIRST TRUST RBA AMERICAN IND (AIRR) stock?
The MACD indicator for FIRST TRUST RBA AMERICAN IND (AIRR) has a value of 0.0507697, indicating a bearish trend.
What are the support and resistance levels for FIRST TRUST RBA AMERICAN IND (AIRR) stock?
FIRST TRUST RBA AMERICAN IND (AIRR) has a support level at 100.25 and a resistance level at 101.71. Check the full technical report for our detailed analysis of AIRR support and resistance levels.