Arlington Asset Investment Corp. (AI) Stock Formed Inverse H&S Chart Pattern. What To Expect?

May 25, 2018 - By Michael Collier

Arlington Asset Investment Corp. (NYSE:AI) Logo

The stock of Arlington Asset Investment Corp. (AI) formed H&SI with $12.05 price target or 7.00 % above the current $11.26 share price. The 6 months Head & Shoulders Inverse reveals low risk for the $316.86 million company. This trade was featured by on May, 25. If the $12.05 target price is reached, the company’s valuation will be $22.18M more.
Inverse Head-and-shoulders are some of the best chart patterns to trade. These formations work as in bear as in bull markets and many researchers states that they have very low failure rates. Despite the high pullback rate, these trading patterns are usually good places to trade based on their risk-reward profile. Industry experts’s backtests show that 55% of these patterns reach their targets.

The stock decreased 0.35% or $0.04 during the last trading session, reaching $11.26. About 348,468 shares traded. Arlington Asset Investment Corp. (NYSE:AI) has declined 19.38% since May 25, 2017 and is downtrending. It has underperformed by 30.93% the S&P500.

Arlington Asset Investment Corp. (NYSE:AI) Ratings Coverage

Among 4 analysts covering Arlington Asset Investment (NYSE:AI), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Arlington Asset Investment has $14.0 highest and $12 lowest target. $13.06’s average target is 15.99% above currents $11.26 stock price. Arlington Asset Investment had 6 analyst reports since January 10, 2018 according to SRatingsIntel. Maxim Group maintained the stock with “Buy” rating in Thursday, February 8 report. The firm has “Buy” rating given on Wednesday, January 10 by Maxim Group. The stock has “Neutral” rating by B. Riley & Co on Friday, February 9. Maxim Group downgraded the shares of AI in report on Friday, May 4 to “Hold” rating.

Arlington Asset Investment Corp. (N

Arlington Asset Investment Corp. (NYSE:AI) Institutional Positions Chart

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