Air Industries (AIRI) Crossed Above the 50-Day Moving Average: What That Means for Investors
AIRIAir Industries (AIRI) zacks.com·2024-05-20 22:31

From a technical perspective, Air Industries (AIRI) is looking like an interesting pick, as it just reached a key level of support. AIRI recently overtook the 50-day moving average, and this suggests a short-term bullish trend. One of the three major moving averages, the 50-day simple moving average is commonly used by traders and analysts to determine support or resistance levels for different types of securities. However, the 50-day is considered to be more important since it's the first marker of an up o ...