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Aircastle Ltd Falling Today on Above-Average Volume (AYR)

By David Diaz

The price of Aircastle Ltd shares has slipped to $21.21 (a 7.6% change) on heavy trading volume. Today's volume of 814,000 shares tops the average 30-day volume of 291,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Aircastle Ltd on March 21st, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $20.66. Since that recommendation, shares of Aircastle Ltd have risen 11.1%. We continue to monitor AYR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Aircastle Ltd have traded between a low of $18.26 and a high of $25.98 and are now at $21.21, which is 16% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.8%.

Keywords: unusual volume aircastle ltd

Ticker(s): AYR