The Greedy Trader Weekly Analysis
Sign In Aug 10, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
American Airlines Group
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance lineWilliams' Percentage Range is oversoldStochastic signal line moved above oversold areaPrice is near the Fibonacci 61.8% retracement level
Daily :The price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger Bands
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 -1.27 points, or -3.20%, and closed at 38.42 on Friday, August 03, 2018. It was the worst weekly loss since June 29, 2018. Weekly volume was 6% above 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. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Medium-term trend: [See AAL medium-term trend chart]
A medium-term downtrend had started on March 13, 2018 at 57.44 and reached 35.64 on July 12, 2018. AAL lost 21.80 points, or 37.95%, in 17 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (34.13) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a medium-term trend.

Weekly Technical Indicators: [See AAL weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since March 23, 2018. This is an indication that the medium-term trend is down. 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 July 12, 2018 at 35.64 and reached 40.85 on July 27, 2018. AAL gained -5.21 points, or -14.62%, in 15 days. The chart has formed a Rising Channel chart pattern.

Daily Technical Indicators: [See AAL daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since July 16, 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 price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.61
Williams' Percentage Range (W%R) 53.50
Lane's Stochastic (%D-Slow) 40.94
Greed/Fear Indicator (GFI) 48.00
Moving Average Converg./Diverg. (MACD) -0.54
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.40
Williams' Percentage Range (W%R) 88.80
Oversold
Lane's Stochastic (%D-Slow) 22.02
Greed/Fear Indicator (GFI) 26.38
Moving Average Converg./Diverg. (MACD) -2.55
Trading Signals
Description Value Chart
Parabolic System 40.82
Upper Bollinger Band 40.75
50 Day Moving Average 40.34
Daily Stochastic Crossing 38.68
Price 38.42
20 Day Moving Average 38.16
Weekly Stochastic Crossing 37.90
Lower Bollinger Band 36.55
Weekly Trendline Resistance 35.09
Weekly Trendline Support 34.13
Sector and Industry
Description Name Rank
Sector
Industry Water Utilities 59
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Low 35.64
Low Date 07/12/2018
High 40.85
High Date 07/27/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 35.09
Support 34.13
High 57.44
High Date 03/13/2018
Low 35.64
Low Date 07/12/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 59.08
High Date 01/16/2018
Low 35.64
Low Date 07/12/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 24.85
Low Date 06/27/2016
High 59.08
High Date 01/16/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 1.45
Low Date 07/15/2008
High 59.08
High Date 01/16/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.