AMERICAN AIRLINES GROUP INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	AAL
ISIN:

AMERICAN AIRLINES GROUP INC. - Daily - Technical analysis published on 06/24/2019 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bearish

Technical indicators

50%

17%

33%

My opinion

Bearish under 34.79 USD

My targets

30.05 USD (-4.81%)

27.20 USD (-13.84%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 34.79 USD remains possible. It is advisable to trade AMERICAN AIRLINES GROUP INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 34.79 USD. The next bearish objective for sellers is set at 30.05 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 27.20 USD. In case of crossing, the next objective would be the support located at 25.27 USD. PS: if there is a bullish break in the resistance located at 34.79 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AMERICAN AIRLINES GROUP INC. price is 31.57 USD. The price registered a decrease of -1.80% on the session with the lowest point at 31.51 USD and the highest point at 32.39 USD. The deviation from the price is +0.19% for the low point and -2.53% for the high point.

31.51

32.39

31.57

The Central Gaps scanner detects a bullish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this AMERICAN AIRLINES GROUP INC. chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal support

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	25.27	27.20	30.05	31.57	34.79	36.93	40.16
Change (%)	-19.96%	-13.84%	-4.81%	-	+10.20%	+16.98%	+27.21%
Change	-6.30	-4.37	-1.52	-	+3.22	+5.36	+8.59
Level	Minor	Intermediate	Major	-	Intermediate	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	29.52	30.71	31.43	32.62	33.34	34.53	35.25
Camarilla	31.62	31.80	31.97	32.15	32.33	32.50	32.68
Woodie	29.28	30.59	31.19	32.50	33.10	34.41	35.01
Fibonacci	30.71	31.44	31.89	32.62	33.35	33.80	34.53

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.11	29.28	30.98	32.15	33.85	35.02	36.72
Camarilla	31.89	32.15	32.42	32.68	32.94	33.21	33.47
Woodie	28.38	29.41	31.25	32.28	34.12	35.15	36.99
Fibonacci	29.28	30.38	31.05	32.15	33.25	33.92	35.02

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	50.78
MACD (12,26,9):	0.2800
Directional Movement:	4.85
AROON (14):	92.86
DEMA (21):	31.62
Parabolic SAR (0,02-0,02-0,2):	31.32
Elder Ray (13):	0.28
Super Trend (3,10):	29.88
Zig ZAG (10):	31.57
VORTEX (21):	1.0200
Stochastique (14,3,5):	79.44
TEMA (21):	32.32
Williams %R (14):	-35.50
Chande Momentum Oscillator (20):	1.21
Repulse (5,40,3):	-5.5200
ROCnROLL:	2
TRIX (15,9):	-0.0500
Courbe Coppock:	25.58

MA7:	32.54
MA20:	30.50
MA50:	32.11
MA100:	32.90
MAexp7:	32.06
MAexp20:	31.46
MAexp50:	31.77
MAexp100:	32.57
Price / MA7:	-2.98%
Price / MA20:	+3.51%
Price / MA50:	-1.68%
Price / MA100:	-4.04%
Price / MAexp7:	-1.53%
Price / MAexp20:	+0.35%
Price / MAexp50:	-0.63%
Price / MAexp100:	-3.07%

News

The last news published on AMERICAN AIRLINES GROUP INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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