Air Transport Services Group (ATSG - Get Report)
This company provides aircraft for lease, airline operations, aircraft maintenance and other related services primarily to the shipping and transportation industries. This stock is trading up 11.5% at $5.61 in recent trading.
Friday's Range: $5.00 to $5.6352-week Range: $3.86 to $8.65 Volume: 381,000 Three-Month Average Volume: 247,619 From a technical standpoint, ATSG is soaring higher Friday and breaking out above $5.20 on solid volume. Market players should now watch for ATSG to trigger its next breakout trade if this stock can manage to clear its 200-day moving average of $5.79 and then some overhead resistance levels at $5.92 to $6. A sustained high-volume move and close above those levels should set this stock up to trend back towards $7 to $8 in the near future. Look for volume on any breakout that registers near or above 247,619 shares.