FTAI Aviation Ltd. Stock Forecast
FTAI Aviation Ltd. stock price up 0.395% on Friday
(Updated on May 17, 2024)
The FTAI Aviation Ltd. stock price gained 0.395% on the last trading day (Friday, 17th May 2024), rising from $25.30 to $25.40. It has now gained 3 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 0.158% from a day low at $25.36 to a day high of $25.40. The price has risen in 5 of the last 10 days and is up by 0.4% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 6 thousand shares were bought and sold for approximately $161.04 thousand.
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 $25.48 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 $24.67 and $25.35 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. 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.
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FTAIP 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 $25.24 and $25.16. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 2.21%. Further rise is indicated until a new top pivot has been found. FTAI Aviation Ltd. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. 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). The stock had a Golden Star Signal on Tuesday, April 23, 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 Tuesday, April 23, 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 $25.09 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 $0.0400 between high and low, or 0.158%. For the last week the stock has had daily average volatility of 0.445%.
Our recommended stop-loss: $23.95 (-5.71%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 22 days ago.)
Trading Expectations (FTAIP) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect FTAI Aviation Ltd. to open at $25.39, and during the day (based on 14 day Average True Range), to move between $25.29 and $25.51, which gives a possible trading interval of +/-$0.107 (+/-0.42%) up or down from last closing price. If FTAI Aviation Ltd. takes out the full calculated possible swing range there will be an estimated 0.84% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $25.50 (0.39%) than the support at $25.09 (1.22%), 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?
FTAI Aviation Ltd. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.830 Hold/Accumulate Unchanged
Predicted Opening Price for FTAI Aviation Ltd. of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| $25.39 ( 0.0525%) | $25.40 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FTAIP
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 25.43 | 0.105 % | |
| R2 | 25.41 | 0.0448 % | ||
| R1 | 25.40 | 0.0077 % | ||
| Current price: | 25.40 | |||
| Support | S1 | 25.37 | -0.113 % | |
| S2 | 25.36 | -0.150 % | ||
| S3 | 25.35 | -0.210 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 25.51 | 0.433 % | |
| R2 | 25.51 | 0.433 % | ||
| R1 | 25.50 | 0.394 % | ||
| Current price | 25.40 | |||
| Support | S1 | 25.09 | -1.22% | |
| S2 | 25.08 | -1.26% | ||
| S3 | 25.08 | -1.28% |
FTAIP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 25, 2024 | Jun 03, 2024 | Jun 14, 2024 | $0.516 | 2.03% |
| 2 | Feb 22, 2024 | Mar 04, 2024 | Mar 15, 2024 | $0.516 | 2.05% |
| 3 | Oct 25, 2023 | Nov 30, 2023 | Dec 15, 2023 | $0.516 | 2.11% |
| 4 | Aug 31, 2023 | Aug 31, 2023 | Sep 15, 2023 | $0.516 | 2.15% |
| 5 | May 30, 2023 | May 31, 2023 | Jun 15, 2023 | $0.516 | 2.27% |
FAQ
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