Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Air Lease Corporation Class A (NYSE:AL)

Crossroads (-60) - AL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid AL?

MarketClub looks at technical strength and momentum to determine if the timing is right for AL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_AL
Open High Low AL Price Change
49.0100 49.7700 48.8801 49.5000 +0.5400
Entry Signal

MarketClub’s Trade Triangles for AL

long term up The long-term trend has been UP since Dec 22nd, 2023 at 41.76

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2024 at 47.74

short term down The short-term trend has been DOWN since May 7th, 2024 at 50.38

Smart Scan Analysis for AL

Based on our trend formula, AL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for AL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.0100 49.7700 48.8801 49.5000 +0.5400
Prev. Close Volume Bid Ask Time
48.9600 319987 2024-05-09 14:53:35
Year High50.7Year High Date2018-01-29
Year Low35.97Year Low Date2018-11-20
52wk High52.3152wk High Date2024-04-26
52wk Low33.3352wk Low Date2023-10-30
Year End Close21.5Average Volume988,176
Shares Outstanding111,367Short Interest3,748,207
% Institutional71.6Market Cap5,001M
Assets309,124,350MLiabilities236,805,640M
P/E Ratio9.5253Volatility34.12
Get a free daily analysis and signals for Air Lease Corporation Class A (AL) - Request Your Free Report.