Ftai Aviation Ltd. Stock Forecast
Green day on Tuesday for Ftai Aviation Ltd. stock after gaining 0.172%
(Updated on Jun 18, 2024)
The Ftai Aviation Ltd. stock price gained 0.172% on the last trading day (Tuesday, 18th Jun 2024), rising from $25.75 to $25.79. During the last trading day the stock fluctuated 0.781% from a day low at $25.60 to a day high of $25.80. The price has risen in 6 of the last 10 days and is up by 1.04% over the past 2 weeks. Volume fell on the last day by -4 thousand shares and in total, 2 thousand shares were bought and sold for approximately $53.21 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Ftai Aviation Ltd. stock with a 90% probability to be traded between $25.29 and $26.25 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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FTAIM Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, May 30, 2024, and so far it has fallen -0.0221%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. The Ftai Aviation Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $25.58 and $25.42. A breakdown below any of these levels will issue sell signals. The stock had a Golden Star Signal on Friday, April 05, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Friday, April 05, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
A sell signal from a double top formation was found on Thursday, May 30, 2024 and based on theory for this formation the price should fall by -4.34% to $24.67 within 25 trading days since signal was issued (Thursday, June 20, 2024).
Support, Risk & Stop-loss for Ftai Aviation Ltd. stock
Ftai Aviation Ltd. finds support from accumulated volume at $25.45 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.200 between high and low, or 0.781%. For the last week the stock has had daily average volatility of 0.644%
Our recommended stop-loss: $24.90 (-3.46%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 22 days ago.)
Trading Expectations (FTAIM) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Ftai Aviation Ltd. to open at $25.73, and during the day (based on 14 day Average True Range), to move between $25.59 and $25.99, which gives a possible trading interval of +/-$0.200 (+/-0.77%) up or down from last closing price. If Ftai Aviation Ltd. takes out the full calculated possible swing range there will be an estimated 1.55% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $25.80 (0.02%) than the support at $25.45 (1.33%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Ftai Aviation Ltd. stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Ftai Aviation Ltd. stock to perform well in the short-term period.
Current score: 1.862 Buy Candidate Unchanged
Predicted Opening Price for Ftai Aviation Ltd. of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| $25.73 ( 0.244%) | $25.79 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FTAIM
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 25.93 | 0.531% |
| R2 | 25.85 | 0.235% |
| R1 | 25.81 | 0.0522% |
| Price | 25.79 | |
| S1 | 25.66 | -0.540% |
| S2 | 25.61 | -0.723% |
| S3 | 25.53 | -1.02% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 25.87 | 0.293% |
| R1 | 25.80 | 0.0221% |
| Price | 25.79 | |
| S1 | 25.45 | -1.33% |
| S2 | 25.23 | -2.19% |
| S3 | 25.00 | -3.08% |
FTAIM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 25, 2024 | Jun 03, 2024 | Jun 14, 2024 | $0.594 | 2.32% |
| 2 | Feb 22, 2024 | Mar 04, 2024 | Mar 15, 2024 | $0.594 | 2.35% |
| 3 | Oct 25, 2023 | Nov 30, 2023 | Dec 15, 2023 | $0.594 | 2.35% |
| 4 | Aug 31, 2023 | Aug 31, 2023 | Sep 15, 2023 | $0.594 | 2.47% |
| 5 | May 30, 2023 | May 31, 2023 | Jun 15, 2023 | $0.594 | 2.64% |
FAQ
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