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Key Stats
P/E Ratio 4.55
Beta 0.8
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 46 and the stock is currently not being overbought or oversold

Atlas Air Worldwide Holdings stock price down 1.2% on Friday (Updated on July 30, 2021)


Sell candidate since 2021-07-21 Gain 2.28%

The Atlas Air Worldwide Holdings stock price fell by -1.20% on the last day (Friday, 30th Jul 2021) from $67.78 to $66.97. During the day the stock fluctuated 2.70% from a day low at $66.15 to a day high of $67.94. The price has risen in 6 of the last 10 days and is up by 4.53% over the past 2 weeks. Volume has increased on the last day by 229 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, 421 thousand shares were bought and sold for approximately $28.21 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -12.55% during the next 3 months and, with a 90% probability hold a price between $54.22 and $60.18 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, July 19, 2021, and so far it has risen 5.58%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 months 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 Atlas Air Worldwide Holdings stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $67.67. On a fall, the stock will find some support from the short-term average at $66.28. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss

Atlas Air Worldwide Holdings finds support from accumulated volume at $66.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.79 (2.70%) between high and low. For the last week, the stock has had a daily average volatility of 2.51%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Atlas Air Worldwide Holdings stock A Buy?

Atlas Air Worldwide Holdings holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.903

Predicted Opening Price for Atlas Air Worldwide Holdings of Monday, August 2, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price August 2, 2021 Current price
$67.02 $66.97 (Undervalued)
Sell Candidate Unchanged

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Analyst Ratings

Truist Securities is very positive about AAWW and gave it a "Buy" rating on April 22, 2021. The price target was set to $95.00.

Volatility
2.51 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $66.99
Price: $66.97
Support: $66.20

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 68.80 2.74 %
68.12 1.72 %
67.70 1.09 %
Current price: 66.97
Support 66.34 -0.95 %
65.92 -1.58 %
65.23 -2.59 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 71.48 6.73 %
68.18 1.81 %
66.99 0.0299 %
Current price 66.97
Support 66.20 -1.15%
64.07 -4.33%
63.43 -5.29%

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About Atlas Air Worldwide Holdings

Atlas Air Worldwide Holdings Atlas Air Worldwide Holdings, Inc., through its subsidiaries, provides outsourced aircraft and aviation operating services worldwide. It operates through ACMI, Charter, and Dry Leasing segments. The company offers outsourced cargo and passenger aircraft operating solutions comprising contractual service arrangements, which include providing aircraft to customers and value-added services, such as crew, maintenance, and insurance; and crew, mainten... Read more

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