| AAL latest price $23.3600 (4.12%) ($23.3600 - $23.3800) on Mon. May. 17, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 60 |
Latest Price | $23.3600(4.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AAL advances 1.3% a day on average for past five trading days. |
Weekly Trend | AAL advances 0.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support AAL advance at 0% a week (0% probability) JETS(73%) PEJ(63%) DRIV(53%) IWM(53%) IYT(53%) |
Factors Impacting AAL price | AAL will decline at least -1.645% in a week (0% probabilities). VIXM(-36%) UUP(-23%) VXX(-10%) TLT(-4%) GLD(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.645% (StdDev 3.29%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
| |
|
|