American Airlines Group Inc. (AAL) stock price recent trade pushed it move about -28.28% away from the 52-week high and closed 0.86% away from the 52-week low. AAL stock price traded with dropping change along with the volume 20.52 million shares in Thursday trading session. Shares are trading price at $42.37 with move of -6.36%. The company’s 3-months average volume stands at 5.14 million. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 4.16. The total dollar value of all 483.05 million outstanding shares is 20.47 billion.
ATR value of company was 1.91. Average True Range (ATR) is an indicator based on trading ranges smoothed by an N-period exponential moving average percentage of the true range values. ATR can display volatility of stocks, ETFs and indexes. The principal of ATR is very similar to other volatility indicators: A high ATR value signals a possible trend change. A low ATR value correlates with a weaker trend movement.
Why American Airlines Group Inc. (AAL) is considered to be Oversold?
The term Oversold describes a period of time where there has been a significant and consistent downward move in price over a period of time without much pullback. Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Currently, the 14-day RSI reading is at 27.15. Relative Strength Index (RSI) is a quick tool you can use to gauge overbought and oversold levels, the Relative Strength Index. The premise is simple, however. When RSI moves above 70, it is overbought and could lead to a downward move. When RSI moves below 30, it is oversold and could lead to an upward move. But, we must be patient before we enter our trades, because sometimes the RSI can stay overbought or oversold for quite awhile. The worst thing we can do is try to pick a top or a bottom of a strong move that continues to move into further overbought or oversold territory. So we must wait until the RSI crosses back under 70 or crosses back above 30.
The PE ratio of 7.51 helps investors explore how much they should pay for a stock based on its current earnings. High ratio reveals positive future performance and investors are willing to pay more. Low ratio discloses poor current and future performance. The beta factor is 0.93.Volatility shows sense of how far the stock will fall if the market takes a dive and how high stock will rise if the bull starts to climb. A stock with a beta more than 1 means high volatile and less than 1 means low volatile.
Currently Analysts have a mean recommendation of 2.10 on the shares. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell. EPS in next five year years is expected to touch 12.44% while EPS growth in past 5 year was 18.90% along with sales growth of 11.20% in the last five years.
Recent Moving averages Indicator Signals for American Airlines Group Inc. (AAL)
typically 20-day simple moving average is useful at identifying swing trading trends lasting 20 days. Shorter moving average timeframes are more sensitive to price fluctuations and can pick up on trend changes more quickly than longer-term moving averages. However, these more frequent signals may also result in more “whipsaws”, resulting in erroneous trade signals. American Airlines Group Inc. (AAL) recently closed with fall of -12.17% to its 20-Day Simple Moving Average. This short time frame picture represents a downward movement of current price over average price of last 20 days. Now moving toward intermediate time frame, 50-day Moving average is more useful at showing position trading trends lasting 50 days. Shares of AAL moved downward with change of -17.62% to its 50-day Moving average. This falling movement shows negative prices direction over last 50 days.
Finally observing long term time frame, 200-day simple moving average is more helpful at telling general investing trends lasting 200 days. Longer moving average timeframes are less sensitive to price fluctuations than shorter term timeframes and will generate far few signals. This will reduce the number of “whipsaws”, which is good, but will also generate signals later than when using shorter term averages. AAL stock price revealed pessimistic move of -15.74% comparing average price of last 200 days. This comparison showed down direction of price behind its 200-SMA.
Traders will often use multiple moving averages to analyze a single security. Moving averages are a very simple tool to use, like most technical indicators, different traders will focus on different ways to use them. A longer-term moving average may be used to identify the primary price trend, a shorter moving average period to identify the secondary, price trend, and an even shorter moving average period to identify the minor price trend.
I am William Satterwhite and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind nasdaqchronicle.com with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Financial” category.
Address: 297 Tyler Avenue, Ft Lauderdale, FL 33311
Phone: (1) 305-336-8371