Aercap Holdings NV Stock Forecast
Aercap Holdings NV stock downgraded to Strong Sell Candidate
(Updated on Apr 30, 2024)
The Aercap Holdings NV stock price fell by -2.59% on the last day (Tuesday, 30th Apr 2024) from $86.74 to $84.49. During the last trading day the stock fluctuated 2.92% from a day low at $84.33 to a day high of $86.79. The price has risen in 7 of the last 10 days and is up by 2.36% over the past 2 weeks. Volume has increased on the last day by 564 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately $166.81 million.
The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $83.76 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 13.24% during the next 3 months and, with a 90% probability hold a price between $94.86 and $103.94 at the end of this 3-month period.
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AER Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Aercap Holdings NV stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $85.36 and $85.27. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen -3.58%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Aercap Holdings NV stock
Aercap Holdings NV finds support from accumulated volume at $84.04 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $2.46 between high and low, or 2.92%. For the last week the stock has had daily average volatility of 2.15%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AER) For The Upcoming Trading Day Of Wednesday 1st
For the upcoming trading day on Wednesday, 1st we expect Aercap Holdings NV to open at $85.20, and during the day (based on 14 day Average True Range), to move between $82.69 and $86.29, which gives a possible trading interval of +/-$1.80 (+/-2.13%) up or down from last closing price. If Aercap Holdings NV takes out the full calculated possible swing range there will be an estimated 4.27% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $84.04 (0.53%) than the resistance at $85.39 (1.07%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Aercap Holdings NV will release earnings BMO on Wednesday, May 01, 2024.The consensus among the analysts for the expected earnings (EPS) is $2.34. We will update the financials statements for Aercap Holdings NV, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 5.73% in the first trading day after earnings release.
Is Aercap Holdings NV stock A Buy?
The Aercap Holdings NV stock holds several negative signals and despite the positive trend, we believe Aercap Holdings NV will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Sell candidate.
Current score: -5.545 Strong Sell Candidate Downgraded
Predicted Opening Price for Aercap Holdings NV of Wednesday, May 1, 2024
| Fair opening price May 1, 2024 | Current price |
|---|---|
| $85.20 ( 0.84%) | $84.49 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AER
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 87.66 | 3.76 % | |
| R2 | 86.72 | 2.64 % | ||
| R1 | 86.14 | 1.96 % | ||
| Current price: | 84.49 | |||
| Support | S1 | 84.26 | -0.268 % | |
| S2 | 83.68 | -0.96 % | ||
| S3 | 82.74 | -2.07 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 86.00 | 1.79 % | |
| R2 | 85.83 | 1.59 % | ||
| R1 | 85.39 | 1.07 % | ||
| Current price | 84.49 | |||
| Support | S1 | 84.04 | -0.533% | |
| S2 | 77.85 | -7.86% | ||
| S3 | 77.31 | -8.50% |
FAQ
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