| AAL latest price $23.5750 (0.92%) ($23.5750 - $23.9500) on Tue. May. 18, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.28% (three month average) |
RSI | 62 |
Latest Price | $23.5750(0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AAL advances 1.9% a day on average for past five trading days. |
Weekly Trend | AAL advances 1.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off 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 -1.64% 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 | -1.64% (StdDev 3.28%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|