We assign a technical rating of 8 out of 10 to AAL. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AAL is only an average performer.
AAL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.53
6 important support areas can be observed.
- A support zone ranging from 15.43 to 15.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.13 from a horizontal line in the daily time frame.
- Support @13.13 from a trend line in the daily time frame.
- A support zone ranging from 12.42 to 12.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.03 from a horizontal line in the daily time frame.
- Support @9.63 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @16.26 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AAL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AAL is up. |
| ChartMill Relative Strength | 68.33 | NEUTRAL | AAL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AAL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.55 | NEUTRAL | The RSI value for AAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AAL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.82 | NEUTRAL | The Stochastics value for AAL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for AAL suggests some volalility. |
| Average Directional Index/ADX (14) | 41.46 | POSITIVE | The high ADX value value for AAL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.27 | 15.42 | 0.85 (5.22%) | 19.14% |
| An entry @16.27. This is a Buy Stop order right above the resistance zone. | An exit @15.42. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.85 points, which is 5.22%. | When investing 19.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.99
+0.26 (+1.65%)
AMERICAN AIRLINES GROUP INC / AAL FAQ
What is the ChartMill technical rating of AMERICAN AIRLINES GROUP INC (AAL) stock?
ChartMill assigns a technical rating of 8 / 10 to AAL.
Can you provide the trend direction for AMERICAN AIRLINES GROUP INC?
The current trend direction for AMERICAN AIRLINES GROUP INC (AAL) is Bullish.
What is the RSI signal for AAL stock?
AMERICAN AIRLINES GROUP INC (AAL) has an RSI value of 61.5508. This indicates that the stock is currently neutral.
What is the short term momentum for AMERICAN AIRLINES GROUP INC (AAL) stock?
The short term momentum for AMERICAN AIRLINES GROUP INC (AAL) is positive.
What is the buy/sell signal for AAL stock?
The buy/sell signal for AMERICAN AIRLINES GROUP INC (AAL) is buy as both the short term and long term trends are positive.