Sign In to see current Signals.
American Airlines Group
Move cursor over the icon to see details.
|It was the negative week for the American Airlines Group (AAL). During the week, the AAL dropped -0.67 points, or -1.19%, and closed at 55.40 on Friday, March 16, 2018. Weekly volume was -30% below average. |
Long-term trend: [See AAL long-term trend chart]
A long-term uptrend had started on June 27, 2016 at 24.85 and reached 59.08 on January 16, 2018. AAL gained -34.23 points, or -137.75%, in 81 weeks. The price is now at the 10.75% retracement level.
Medium-term trend: [See AAL medium-term trend chart]
A medium-term uptrend had started on September 6, 2017 at 42.61 and reached 59.08 on January 16, 2018. AAL gained -16.47 points, or -38.65%, in 18 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 47.44 and resistance is at 62.53. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See AAL weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since March 2, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See AAL short-term trend chart]
A short-term uptrend had started on February 9, 2018 at 46.33 and reached 57.44 on March 13, 2018. AAL gained -11.11 points, or -23.98%, in 32 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (55.83) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See AAL daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since February 20, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.