AMERICAN AIRLINES GROUP INC (AAL) Stock Technical Analysis
USA - NASDAQ:AAL - US02376R1023 - Common Stock
12.19 USD
+0.45 (+3.83%)
12.1993 USD
+0.01 (+0.08%)
Taking everything into account, AAL scores 3 out of 10 in our technical rating. In the last year, AAL was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
74% of all other stocks performed better in the past year than AAL.
AAL is one of the lesser performing stocks in the Passenger Airlines industry. 80% of 21 stocks in the same industry do better.
AAL has an average volume of 76499500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
AAL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AAL is lagging the market.
In the last month AAL has a been trading in the 11.07 - 12.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AAL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AAL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.53
13.70
3 important support areas can be observed.
- A support zone ranging from 11.23 to 11.80. This zone is formed by a combination of multiple trend lines and important moving averages 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 2 important areas.
- A resistance zone ranging from 12.34 to 12.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.56 to 13.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for AAL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AAL is neutral. |
| ChartMill Relative Strength | 26.41 | NEGATIVE | AAL has a low relative strength, it was outperformed by 73.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AAL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AAL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AAL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.32 | NEUTRAL | The RSI value for AAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests AAL has a positive trend. |
| Stochastics (14,3) | 52.21 | NEUTRAL | The Stochastics value for AAL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for AAL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.25 | NEUTRAL | The ADX value for AAL suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
12.19
+0.45 (+3.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg3.83%
1 Week4.55%
2 Weeks8.45%
1 Month-1.77%
3 Month-2.56%
6 Month28.86%
12 Month-6.88%
2 Year9.33%
3 Year-14.03%
5 Year8.07%
10 Year-73.63%
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%3.48%
ATR Inc28.71%
Range Today0.76
ADR(20)0.41
ADR(20)%3.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.41
Mansfield-1.57
10 Day High12.5
10 Day Low11.16
20 Day High12.82
20 Day Low11.07
52 Week High19.1
52 Week Low8.5
CS1 End11.8
CR1 Start12.34
Volume & EV
DER(3)4.15%
DER(5)0.97%
Volume64.42M
Volume Incr-22.52%
Vol(5)69.34M
Vol(50)76.50M