AIR LEASE CORP (AL) Stock Technical Analysis
NYSE:AL - New York Stock Exchange, Inc. - US00912X3026 - Common Stock - Currency: USD
Taking everything into account, AL scores 0 out of 10 in our technical rating. AL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AL is a bad performer in the overall market: 67% of all stocks are doing better.
AL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
AL is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, AL did better than 55% of them.
In the last month AL has a been trading in the 38.25 - 50.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 41.15, a Stop Loss order could be placed below this zone.
More info and screens
40.05
52.68
When analyzing the support we notice one important area.
- A support zone ranging from 40.45 to 41.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @42.97 from a horizontal line in the daily time frame.
- A resistance zone ranging from 48.13 to 48.23. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @49.47 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 51.13 to 52.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.37
Mansfield-0.11
10 Day High44.52
10 Day Low38.25
20 Day High50.2
20 Day Low38.25
52 Week High52.31
52 Week Low38.25
Performance
1 Week0.87%
2 Weeks2.78%
1 Month-13.21%
3 Month-8.52%
6 Month-3.66%
12 Month-16.84%
2 Year6.81%
3 Year6.65%
5 Year64.28%
10 Year11.21%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.12
RSI(14)45.88
LBB38.14
UBB47.45
42.96
+1.52 (+3.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg3.67%
1 Week0.87%
2 Weeks2.78%
1 Month-13.21%
3 Month-8.52%
6 Month-3.66%
12 Month-16.84%
2 Year6.81%
3 Year6.65%
5 Year64.28%
10 Year11.21%
15 YearN/A
Volatility
ATR(14)3.03
ATR(20)%5.95%
ATR Inc-41.22%
Range Today1.4
ADR(20)2.26
ADR(20)%5.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.37
Mansfield-0.11
10 Day High44.52
10 Day Low38.25
20 Day High50.2
20 Day Low38.25
52 Week High52.31
52 Week Low38.25
CS1 End41.15
CR1 Start42.97
Volume & EV
DER(3)0.27%
DER(5)-0.05%
Volume745.82K
Volume Incr-23.29%
Vol(5)871.78K
Vol(50)931.43K