| AAL latest price $11.3950 (2.33%) ($11.3950 - $11.3950) on Thu. Nov. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.81% (three month average) |
RSI | 43 |
Latest Price | $11.3950(2.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AAL advances 0.4% a day on average for past five trading days. |
Weekly Trend | AAL declines -2.1% 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(93%) IYT(74%) IWC(73%) IWM(69%) IWN(69%) |
Factors Impacting AAL price | AAL will decline at least -0.905% in a week (0% probabilities). TBT(-33%) USO(-19%) VXX(-17%) VIXM(-11%) UUP(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.905% (StdDev 1.81%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|