AMERICAN AIRLINES GROUP INC (AAL)

US02376R1023 - Common Stock

17.25  +0.53 (+3.17%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to AAL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AAL is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
AAL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AAL is lagging the market slightly.
AAL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
AAL has an average volume of 28804500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AAL is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.
AAL is part of the Passenger Airlines industry. There are 23 other stocks in this industry, AAL did better than 68% of them.
Weekly and Daily overview Charts
AAL Weekly chart
AAL Daily chart
Setup Rating and Analysis

5

AAL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

12.62

17.76

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 16.52 to 16.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @15.34 from a trend line in the daily time frame.
  • Support @12.75 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 17.40 to 17.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.45
Mansfield1.35
10 Day High18.2
10 Day Low14.61
20 Day High18.2
20 Day Low13.84
52 Week High18.2
52 Week Low9.07
Performance
1 Week-4.4%
2 Weeks15.55%
1 Month17%
3 Month51.86%
6 Month49.29%
12 Month16.84%
2 Year31.45%
3 Year-6.9%
5 Year-41.7%
10 Year-68.82%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)64.06
LBB13.76
UBB18.75
AAL Daily chart

AMERICAN AIRLINES GROUP INC

NASDAQ:AAL (12/18/2024, 9:44:09 AM)

17.25

+0.53 (+3.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg3.17%
1 Week-4.4%
2 Weeks15.55%
1 Month17%
3 Month51.86%
6 Month49.29%
12 Month16.84%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.68
ATR(20)%3.73%
ATR Inc
Range Today0.57
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High18.2
10 Day Low14.61
20 Day High18.2
20 Day Low13.84
52 Week High18.2
52 Week Low9.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.73M
Volume Incr-30.62%
Vol(5)19.59M
Vol(50)28.80M