Albany International Corp. (AIN)

Albany International Corp. is trading at $63.28, down 0.94% on the session. The 50 day average sits at $71.10 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 40.2, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $62.15 with resistance near $72.31, so that band frames the current range. Average daily movement is roughly $2.76, or about 4.4% of the share price, which is what any stop placement has to allow for. The overall health score of 32 out of 100 combines a trend score of 32, momentum of 22 and a risk score of 46.

Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses in the United States, Switzerland, France, Brazil, China, Mexico, Germany, and internationally. The company operates through two segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboard, tissues, towels, pulps, building products, tannery, and textiles, as well as nonwovens, fiber cement, and several other industrial applications. This segment offers paper machine clothing forming, pressing, and drying fabrics, as well as processing belts; and engineered fabrics. Its AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. The company sells its products to commercial and defense markets, space-launch vehicles and the emerging advanced air mobility market, as well as to customer end-users. Albany International Corp. was incorporated in 1895 and is headquartered in Portsmouth, New Hampshire.