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 AIRT
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On Thursday, Air T stock price gained an impressive 5.66%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 07, 2024 Gain 21.31% PDF

The Air T stock price gained 5.66% on the last trading day (Thursday, 28th Mar 2024), rising from $21.01 to $22.20. During the last trading day the stock fluctuated 5.76% from a day low at $21.02 to a day high of $22.23. The price has risen in 7 of the last 10 days and is up by 19.68% over the past 2 weeks. Volume fell on the last day by -4 thousand shares and in total, 5 thousand shares were bought and sold for approximately $120.19 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $23.19 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 25.71% during the next 3 months and, with a 90% probability hold a price between $22.35 and $29.15 at the end of this 3-month period.

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AIRT Signals & Forecast

The Air T 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 $21.54 and $18.25. A breakdown below any of these levels will issue sell signals. 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 Thursday, March 21, 2024, and so far it has fallen -2.63%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Air T stock

Air T finds support from accumulated volume at $21.48 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $1.21 between high and low, or 5.76%. For the last week the stock has had daily average volatility of 10.80%.

Our recommended stop-loss: $21.32 (-3.95%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 5 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Air T to open at $21.82, and during the day (based on 14 day Average True Range), to move between $20.74 and $23.66, which gives a possible trading interval of +/-$1.46 (+/-6.59%) up or down from last closing price. If Air T takes out the full calculated possible swing range there will be an estimated 13.19% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $22.32 (0.54%) than the support at $21.48 (3.24%), 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 T stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Air T stock to perform well in the short-term.

Current score: 2.596 Buy Candidate Unchanged

Predicted Opening Price for Air T of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$21.82 ( 1.73%) $22.20

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

Trading levels for AIRT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 23.03 3.72 %
R2 22.56 1.64 %
R1 22.28 0.355 %
Current price: 22.20
Support S1 21.35 -3.81 %
S2 21.07 -5.10 %
S3 20.61 -7.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 22.80 2.70 %
R1 22.32 0.541 %
Current price 22.20
Support S1 21.48 -3.24%
S2 20.13 -9.32%
S3 19.32 -12.97%

AIRT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 20, 2013 Jun 05, 2013 Jun 07, 2019 $0.200 1.08%
2 May 21, 2012 Jun 06, 2012 Jun 29, 2012 $0.167 2.86%
3 May 18, 2011 Jun 01, 2011 Jun 24, 2011 $0.167 2.82%
4 May 19, 2010 Jun 02, 2010 Jun 25, 2010 $0.220 3.03%
5 May 19, 2009 Jun 03, 2009 Jun 26, 2009 $0.220 3.87%

FAQ

What is the symbol for Air T Stock and on which exchange is it traded?
The symbol for Air T is AIRT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Air T Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Air T stock to perform well in the short-term.

How to buy Air T Stock?
Air T 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 T Stock.

What's the current price of Air T Stock?
As of the end of day on the 2024-03-28, the price of an Air T (AIRT) share was $22.20.

What is the 52-week high and low for Air T Stock?
The 52-week high for Air T Stock is $28.51 and the 52-week low is $12.53.

What is the market capitalization of Air T Stock?
As of the 2024-03-28, the market capitalization of Air T is 62.554M.

When is the next earnings date for Air T?
The upcoming earnings date for Air T is Jun 25, 2024.
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About Air T

Air T Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft under the dry-lease agreements with FedEx. Its Ground Equipment Sales segment manufactures, sells, ... AIRT Profile

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