FTAI Aviation Ltd. is a company that specializes in owning and acquiring aviation and offshore energy equipment for global transportation needs. It has two main segments: Aviation Leasing and Aerospace Products. The Aviation Leasing segment deals with owning and managing aviation assets like aircraft and aircraft engines, which are leased or sold to customers. As of December 31, 2023, this segment had 363 aviation assets, including 96 commercial aircraft and 267 engines, with some located in Russia. The Aerospace Products segment focuses on developing, manufacturing, repairing, and selling aircraft engines and aftermarket components. Founded in 2011, the company is based in New York, New York.
FTAI — NASDAQ —
Current RSI of this stock is 65.74, which indicates the strength of buyers.
The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
Based on our swing trading in the US stock market, FTAI Aviation stock price target will be USD 115 - USD 117 in the next 14-15 trading sessions.