RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AAL
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American Airlines stock upgraded from Sell Candidate to Hold/Accumulate after Monday trading session.
(Updated on Jul 22, 2024)

Hold candidate since Jul 22, 2024 PDF

The American Airlines stock price gained 1.04% on the last trading day (Monday, 22nd Jul 2024), rising from $10.58 to $10.69. During the last trading day the stock fluctuated 3.77% from a day low at $10.35 to a day high of $10.74. The price has fallen in 6 of the last 10 days and is down by -2.2% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 13 million more shares were traded than the day before. In total, 38 million shares were bought and sold for approximately $409.19 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -28.13% during the next 3 months and, with a 90% probability hold a price between $6.98 and $8.43 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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AAL Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, July 19, 2024, and so far it has risen 1.04%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The American Airlines stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $10.77 and $11.16. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for American Airlines stock

American Airlines finds support from accumulated volume at $10.68 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.390 (3.77%) between high and low. For the last week, the stock has had daily average volatility of 3.69%.

Our recommended stop-loss: $10.09 (-5.62%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 46 days ago.)

Trading Expectations (AAL) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect American Airlines Group to open at $10.59, and during the day (based on 14 day Average True Range), to move between $10.35 and $11.03, which gives a possible trading interval of +/-$0.340 (+/-3.18%) up or down from last closing price. If American Airlines Group takes out the full calculated possible swing range there will be an estimated 6.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $10.68 (0.09%) than the resistance at $11.44 (7.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Earnings coming up

American Airlines will release earnings BMO on Thursday, July 25, 2024.The consensus among the analysts for the expected earnings (EPS) is $1.04. We will update the financials statements for American Airlines, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 7.33% in the first trading day after earnings release.

Is American Airlines Group stock A Buy?

American Airlines holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.263 Hold/Accumulate Upgraded

Predicted Opening Price for American Airlines Group of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$10.59 ( 0.90%) $10.69

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AAL

Fibonacci Support & Resistance Levels

Level Price
R3 10.98 2.74%
R2 10.83 1.35%
R1 10.74 0.489%
Price 10.69
S1 10.44 -2.30%
S2 10.35 -3.16%
S3 10.20 -4.55%

Accumulated Volume Support & Resistance Levels

Level Price
R3 11.62 8.70%
R2 11.50 7.58%
R1 11.44 7.02%
Price 10.69
S1 10.68 -0.0935%
S2 10.63 -0.561%
S3 10.62 -0.655%

AAL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 22, 2020 Feb 04, 2020 Feb 19, 2020 $0.100 0.353%
2 Oct 22, 2019 Nov 05, 2019 Nov 20, 2019 $0.100 0.354%
3 Jul 25, 2019 Aug 06, 2019 Aug 21, 2019 $0.100 0.379%
4 Apr 26, 2019 May 07, 2019 May 22, 2019 $0.100 0.334%
5 Jan 24, 2019 Feb 05, 2019 Feb 20, 2019 $0.100 0.285%

FAQ

What is the symbol for American Airlines Stock and on which exchange is it traded?
The symbol for American Airlines is AAL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell American Airlines Stock?
American Airlines holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy American Airlines Stock?
American Airlines Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy American Airlines Stock.

What's the current price of American Airlines Stock?
As of the end of day on the Jul 22, 2024, the price of an American Airlines (AAL) share was $10.69.

What is the 52-week high and low for American Airlines Stock?
The 52-week high for American Airlines Stock is $17.32 and the 52-week low is $10.34.

What is the market capitalization of American Airlines Stock?
As of the Jul 22, 2024, the market capitalization of American Airlines is 6.941B.

When is the next earnings date for American Airlines?
The upcoming earnings date for American Airlines is Jul 25, 2024.
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About American Airlines Group

American Airlines American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Madrid, Seattle/Tacoma, Sydney, and Tokyo. As of December 31, 2021, it operated a mainline fle... AAL Profile

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