RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AIRI
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Volatile ride for Air Industries Group stock price on Thursday moving between $4.70 and $5.30
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 18, 2024 Gain 3.30% PDF

The Air Industries Group stock price fell by -3.89% on the last day (Thursday, 28th Mar 2024) from $4.89 to $4.70. During the last trading day the stock fluctuated 12.77% from a day low at $4.70 to a day high of $5.30. The price has risen in 6 of the last 10 days and is up by 12.57% over the past 2 weeks. Volume has increased on the last day by 16 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, 26 thousand shares were bought and sold for approximately $120.63 thousand.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 38.26% during the next 3 months and, with a 90% probability hold a price between $5.98 and $7.67 at the end of this 3-month period.

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AIRI Signals & Forecast

The Air Industries Group stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $4.81. On a fall, the stock will find some support from the long-term average at approximately $4.50. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Monday, February 26, 2024, and so far it has fallen -5.43%. Further fall is indicated until a new bottom pivot has been found. Air Industries Group gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Air Industries Group stock

On the downside, the stock finds support just below today's level from accumulated volume at $4.43 and $4.15. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Air Industries Group finds support just below today's level at $4.43. If this is broken, then the next support from accumulated volume will be at $4.15 and $3.90.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.600 between high and low, or 12.77%. For the last week, the stock has had daily average volatility of 5.98%.

Our recommended stop-loss: $4.56 (-2.93%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 23 days ago.)

Trading Expectations (AIRI) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Air Industries Group to open at $4.90, and during the day (based on 14 day Average True Range), to move between $4.39 and $5.01, which gives a possible trading interval of +/-$0.313 (+/-6.66%) up or down from last closing price. If Air Industries Group takes out the full calculated possible swing range there will be an estimated 13.33% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $4.71 (0.21%) than the support at $4.43 (5.76%), 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 Air Industries Group stock A Buy?

Air Industries Group 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. 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 Hold/Accumulate candidate.

Current score: 0.347 Hold/Accumulate Downgraded

Predicted Opening Price for Air Industries Group of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$4.90 ( 4.26%) $4.70

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

Trading levels for AIRI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.50 17.02 %
R2 5.27 12.14 %
R1 5.13 9.13 %
Current price: 4.70
Support S1 4.67 -0.621 %
S2 4.53 -3.63 %
S3 4.30 -8.51 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.89 4.04 %
R2 4.84 2.98 %
R1 4.71 0.213 %
Current price 4.70
Support S1 4.43 -5.76%
S2 4.15 -11.70%
S3 3.90 -17.02%

AIRI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 12, 2015 Nov 19, 2015 Dec 01, 2015 $1.50 1.84%
2 Jul 23, 2015 Jul 30, 2015 Aug 12, 2015 $1.50 1.69%
3 Apr 02, 2015 Apr 09, 2015 Apr 24, 2015 $1.50 1.41%
4 Dec 19, 2014 Dec 30, 2014 Jan 15, 2015 $1.50 1.50%
5 Oct 10, 2014 Oct 16, 2014 Nov 03, 2014 $1.50 1.24%

FAQ

What is the symbol for Air Industries Group Stock and on which exchange is it traded?
The symbol for Air Industries Group is AIRI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Air Industries Group Stock?
Air Industries Group 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. 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 Hold/Accumulate candidate.

How to buy Air Industries Group Stock?
Air Industries Group Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Air Industries Group Stock.

What's the current price of Air Industries Group Stock?
As of the end of day on the 2024-03-28, the price of an Air Industries Group (AIRI) share was $4.70.

What is the 52-week high and low for Air Industries Group Stock?
The 52-week high for Air Industries Group Stock is $5.30 and the 52-week low is $2.60.

What is the market capitalization of Air Industries Group Stock?
As of the 2024-03-28, the market capitalization of Air Industries Group is 15.524M.

When is the next earnings date for Air Industries Group?
The upcoming earnings date for Air Industries Group is Apr 02, 2024.
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About Air Industries Group

Air Industries Group Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense in the United States. The company operates through two segments, Complex Machining and Turbine and Engine Component. The Complex Machining segment offers aircraft landing and arresting gears, engine mounts, flight c... AIRI Profile

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