Ftai Aviation Ltd. Stock Forecast
Green day on Friday for Ftai Aviation Ltd. stock after gaining 0.271%
(Updated on Jun 21, 2024)
The Ftai Aviation Ltd. stock price gained 0.271% on the last trading day (Friday, 21st Jun 2024), rising from $25.81 to $25.88. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.422% from a day low at $25.78 to a day high of $25.89. The price has risen in 7 of the last 10 days and is up by 1.25% over the past 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 3 thousand shares were bought and sold for approximately $88.22 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 stockis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $26.04 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Ftai Aviation Ltd. stock with a 90% probability to be traded between $25.34 and $26.32 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
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 $25.70 and $25.46. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, May 16, 2024, and so far it has risen 3.64%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 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.
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 $0.109 between high and low, or 0.422%. For the last week the stock has had daily average volatility of 0.559%
Our recommended stop-loss: $24.86 (-3.94%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 40 days ago.)
Trading Expectations (FTAIM) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect Ftai Aviation Ltd. to open at $25.85, and during the day (based on 14 day Average True Range), to move between $25.69 and $26.07, which gives a possible trading interval of +/-$0.188 (+/-0.73%) up or down from last closing price. If Ftai Aviation Ltd. takes out the full calculated possible swing range there will be an estimated 1.45% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $25.45, some $0.430 (1.66%) from the current price of $25.88, our system finds the risk reward attractive.
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: 2.996 Buy Candidate Unchanged
Predicted Opening Price for Ftai Aviation Ltd. of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| $25.85 ( 0.115%) | $25.88 |
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 | 25.96 | 0.306% |
| R2 | 25.92 | 0.146% |
| R1 | 25.89 | 0.0462% |
| Price | 25.88 | |
| S1 | 25.81 | -0.275% |
| S2 | 25.78 | -0.375% |
| S3 | 25.74 | -0.535% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 25.88 | |
| S1 | 25.45 | -1.66% |
| S2 | 25.23 | -2.51% |
| S3 | 25.00 | -3.40% |
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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