AYR - Aircastle Limited

Industry: Rental & Leasing Services Sector: Services Exchange: NYSE

AYR - Aircastle Limited

Industry: Rental & Leasing Services Sector: Services Exchange: NYSE
#2951()/7535

Wed 17'th Oct 2018

PERIOD 2018-07-18 - 2018-10-17
CHANGE -0.39%
PRICE $20.46
VOLUME
Sell
TREND
Buy

MV LONG
Sell

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

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Aircastle Limited Stock Analysis

Technical stock analysis for Wed 17'th Oct 2018

Sell candidate since 2018-10-17
Shorts 2.90% ( 2018-09-28 )
Cash 874.6 mill
Loans n/a
Beta 1.78
ROA 3.05

Aircastle Limited fell by -0.39% in the last day from $20.54 to $20.46 The price has fallen in 8 of the last 10 days and is down by -7.34% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -73 467 shares and in total 274 684 shares bought and sold for approximately $5.62 million.

Trend

Aircastle Limited lies in the middle of a wide and weak 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 2.44% during the next 3 months and, with 90% probability hold a price between $20.30 and $22.70 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Some negative signals were issued as well, and these may have some influence on the near short-term development. Aircastle Limited holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $20.91. On a fall, the stock will find some support from the short-term average at $20.39. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. A sales signal was issued from a pivot top point on Tuesday October 16, 2018, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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Relative Strength Index (RSI)

RSI14 is 31 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Aircastle Limited finds support from accumulated volume at $20.43.

Support: $20.43 Price: $20.46 Resistance: $20.54

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.24 (1.18%) between high and low. For the last week, the stock has had a daily average volatility of 2.44%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation

Aircastle Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

Sell Candidate

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AYR $20.46 $-0.08(-0.39%)
AYR is down $0.08 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for AYR based on the 1-3 month system that more than doubles the S&P 500.

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