| AAL latest price $16.8300 (-2.12%) ($16.8300 - $16.8300) on Mon. Feb. 1, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.05% (three month average) |
RSI | 65 |
Latest Price | $16.8300(-2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AAL advances 1.7% a day on average for past five trading days. |
Weekly Trend | AAL advances 4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support AAL advance at 0% a week (0% probability) JETS(74%) PEJ(61%) IWM(51%) DRIV(50%) IWN(50%) |
Factors Impacting AAL price | AAL will decline at least -2.025% in a week (0% probabilities). VIXM(-33%) UUP(-22%) VXX(-10%) TLT(-6%) GLD(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.025% (StdDev 4.05%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
| |
|
|