AIRT NEWS why is Air T, Inc. price falling or rising

AIRT NEWS reasons for why stock price of Air T, Inc. is falling or rising

AIRT Air T is falling or rising technical reasons

Technical analysis forecast of Air T Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Air T AIRT at this time. Stock is rising and might rise more.

It appears as if Air T AIRT gave a large move recently.

Stock of Air T (AIRT) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Air T is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 24.7, for a target of 23.3 or 22.14

AIRT Air T is falling or rising NEWS fundamental reasons

Domestic air traffic touches new single-day high; crosses 4.71 lakh passengers India's domestic air traffic reached a new single-day high of 4,71,751 passengers on Sunday, more than 14% higher than the average pre-Covid count of 3,98,579. The civil aviation ministry reported that domestic aviation is experiencing unprecedented growth - NEWS as on 2024-04-22 indiatimes.com

Come '26, hailing an air taxi may become a reality Archer Aviation plans to introduce a ₹3000 air taxi service between New Delhi and Gurugram by 2026, partnering with IndiGo. They aim to reduce travel time to 7 minutes and are working on Urban Air Mobility policies. - NEWS as on 2024-04-20 indiatimes.com

Delhi to Gurugram in 7 minutes: InterGlobe to bring air taxis in 2026 InterGlobe Enterprises, parent company of IndiGo, and Archer Aviation plan to launch all-electric air taxi services in India by 2026, cutting travel time from Delhi's Connaught Place to Gurugram to 7 minutes. Costing Rs 2,000-3,000, they'll operate 200 eVT - NEWS as on 2024-04-19 indiatimes.com

Air taxi fare for Delhi-Gurugram to be 1-1.5x of Uber: Archer Aviation He mentioned that the aim is to keep the air taxi service "very affordable," and the lower labor costs (for pilots, maintenance) in India will assist in achieving this goal - NEWS as on 2024-04-19 business-standard.com

More announcements and NEWS

AIRT Air T, Inc. current price & indicator signals

Moving Averages for Air T, Inc.

  • 5Day Average: 22.97
  • 12Day Average: 22.79
  • 20Day Average: 22.23
  • 50Day Average: 19.59
  • 100Day Average: 18.05
  • 150Day Average: 19.34
  • 200Day Average: 20.16

AIRT Indicators & signals

Indicator MACD (12,26,9)

22.75, 21.71, 1.04
Indicator MACD is in positive zone

Indicator ADX (14)

28.74, 31.82, 17.61
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of AIRT Air T, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Mon Apr 2024 24.54 22.83 to 24.54 5.68% 0.56 times
19 Fri Apr 2024 23.22 21.52 to 23.85 5.98% 1.26 times
18 Thu Apr 2024 21.91 20.56 to 21.91 -2.1% 0.19 times
17 Wed Apr 2024 22.38 22.27 to 23.36 -1.93% 0.84 times
16 Tue Apr 2024 22.82 22.32 to 23.65 0.62% 0.99 times
15 Mon Apr 2024 22.68 22.03 to 24.34 -4.63% 1.13 times
12 Fri Apr 2024 23.78 23.40 to 26.55 -2.78% 0.75 times
11 Thu Apr 2024 24.46 22.78 to 25.25 5.8% 0.81 times
10 Wed Apr 2024 23.12 20.90 to 23.21 8.8% 1.36 times
09 Tue Apr 2024 21.25 20.22 to 21.69 0.47% 1.13 times
08 Mon Apr 2024 21.15 21.07 to 22.30 -4.39% 1.53 times
05 Fri Apr 2024 22.12 20.63 to 22.29 7.74% 0.67 times

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