AYR - Aircastle Limited

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

AYR - Aircastle Limited

Industry: Rental & Leasing Services Sector: Services Exchange: NYSE
#6501()/6981

Fri 20'th Jul 2018

PERIOD 2018-04-23 - 2018-07-20
CHANGE -1.41%
PRICE $20.29
VOLUME
Buy
TREND
Hold

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

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Aircastle Limited Stock Analysis

Technical stock analysis for Fri 20'th Jul 2018

Sell candidate since 2018-07-20
Shorts 2.77% ( 2018-06-29 )
Cash 1 355.6 mill
Loans n/a
Beta 1.82
ROA 2.19

Aircastle Limited fell by -1.41% in the last day from $20.58 to $20.29 The price has fallen in 5 of the last 10 days and is down by -0.83% for this period. Volume has increased in the last day by 151 047 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 383 371 shares bought and sold for approximately $7.78 million.

Trend

Aircastle Limited is the lower part of a wide and horizontal trend on short term, and normally this would pose a good buying opportunity, though a break down through the bottom trend line at $20.23 will give a strong sales signal and a trend shift may be expected. Given the current horizontal trend you can expect Aircastle Limited with 90% probability to be traded between $19.92 and $22.35 at the end of this period with 90% probability. 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 roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. Aircastle Limited 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 $20.37 and $20.84. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday July 19, 2018, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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Relative Strength Index (RSI)

RSI14 is 44 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 $20.26.

Support: $20.26 Price: $20.29 Resistance: $21.12

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 $0.40 (2.01%) between high and low. For the last week, the stock has had a daily average volatility of 1.32%.

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 is within a 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. 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 $20.29 $-0.29(-1.41%)
AYR is down $0.29 today, but where's it headed in August?
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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