AAR (AIR) Technical Analysis

AAR Corp (AIR) is a company that provides various products and services to the aviation industry. As part of its offerings, the company also provides technical analysis tools for investors who are interested in analyzing the stock's performance. Technical analysis is a method of predicting future price movements based on historical data and market trends. One of the key technical indicators used in this analysis is the Relative Strength Index (RSI). The RSI is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought or oversold conditions. A reading above 70 indicates that the stock may be overbought, while a reading below 30 suggests that the stock may be oversold.

Another important technical indicator is the Average Directional Index (ADX). The ADX is used to determine the strength of a stock's trend. A high ADX reading suggests a strong trend, while a low ADX reading indicates a weak trend. The Moving Average Convergence Divergence (MACD) is another commonly used technical indicator. It consists of two lines: the MACD line and the signal line. When the MACD line crosses above the signal line, it is considered a bullish signal, while a cross below the signal line is a bearish signal. The Rate of Change (ROC) is another momentum indicator that measures the percentage change in price over a specified period of time. A positive ROC indicates upward momentum, while a negative ROC suggests downward momentum.