| AAL latest price $16.7350 (41.28%) ($12.6300 - $18.1800) on Thu. Jun. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.5% (three month average) |
RSI | 82 |
Latest Price | $16.7350(41.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AAL advances 10.4% a day on average for past five trading days. |
Weekly Trend | AAL advances 13.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support AAL advance at 0% a week (0% probability) JETS(80%) PEJ(59%) IWN(55%) XAR(54%) XLF(54%) |
Factors Impacting AAL price | AAL will decline at least -5.25% in a week (0% probabilities). VIXM(-32%) UUP(-19%) TLT(-13%) VXX(-11%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.25% (StdDev 10.5%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
| |
|
|