| AAL latest price $22.1900 (1.86%) ($22.1900 - $22.1900) on Mon. Nov. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 75 |
Latest Price | $22.1900(1.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AAL advances 2.3% a day on average for past five trading days. |
Weekly Trend | AAL advances 4.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support AAL advance at 0% a week (0% probability) JETS(70%) PEJ(63%) DRIV(54%) IWO(53%) IYT(53%) |
Factors Impacting AAL price | AAL will decline at least -1.24% in a week (0% probabilities). VIXM(-37%) UUP(-23%) VXX(-9%) GLD(-4%) TLT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.24% (StdDev 2.48%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|