AIRT Forecast and Technical Stock Analysis
Sell candidate since 2019-09-11 Loss -13.98% PDF
Air T gained 9.09% in the last trading day ( Friday, 20th Sep 2019 ), rising from $13.53 to $14.76 During the day the stock fluctuated 9.25% from a day low at $13.51 to a day high of $14.76. The price has fallen in 5 of the last 10 days and is down by -13.18% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 8 898 more shares were traded than the day before. In total, 11 321 shares bought and sold for approximately $167 098.00.
- 30 day high of the AIRT stock price was $18.50 and low was $12.51.
- 90 day high was $19.15 and low was $12.51.
- 52 week high for Air T - $44.29 and low - $12.51.
Air T lies in the middle of a very 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 -11.82% during the next 3 months and, with 90% probability hold a price between $11.90 and $15.40 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday September 19, 2019, which indicates further gains until a new top pivot has been found. Air T has rising 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. Air T holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $14.95 and $16.90. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 26 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Air T finds support from accumulated volume at $14.56.
This stock may move much during a 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 $1.25 between high and low, or 9.25%. For the last week, the stock has had a daily average volatility of 13.66%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
13.66 %Average volatility
Very Low Low Medium High Very High
Air T holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our recommendation for this stock since last evaluation from a Strong Sell Candidate to a Sell Candidate.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!