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AMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INC

AMERICAN AIRLINES GROUP INC

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AAL trade ideas

AAL ready for liftoffIf we take a look at the weekly chart, a textbook cup and handle has formed. We had the fall last March with a run back up to $20 to mark out break out. Over the course of the year it has dropped and consolidated on low volume and once again ran up to $20 on increased volume. This formed our “Cup” and our handle has formed on a healthy dip with decreasing volume. This week marks the breakout of that year long formation and is an exceptional buy. Looking past the technical analysis, one could also point out that the vaccine news is looking great for this industry. That prospect could boost the outlook for airlines to prices from over a year ago. This is also a safe enough industry that is essential to the world’s economy, and as we know our government will never let them fail. Big big thumbs up on this.
NASDAQ:AALLong
by FUBARyeti
2
AAL: It's flying today! How to proceed now?Hello traders and investors! It has been nearly 1 month since my last analysis about it, let’s see if AAL behaved the way it should. First, in the 1h chart, AAL respected the key point we mentioned in my last analysis, the black line at $ 16.47 with an astonishing precision, and it hit it multiple times, without losing it. This point was a previous resistance, and it worked as a support, as we thought it would, thanks to the Principle of Polarity . And if you missed my last analysis, the link to it is below, as usual. It triggered several pivot points , the last one at $ 18.82, and we have a little gap at the yellow area. If it gets filled this week, it could be an Exhaustion Gap , and this could create another congestion on AAL. Right now, it is a little to buy it, as the optimal buy point was near the $ 16.47, and we are quite close to the target I mentioned last month, but since it is engaged in a bull trend, pullbacks to the 21 ema could offer some nice opportunities to buy too. Now, let’s see the daily chart: In the daily chart, AAL is heading to the target we mentioned in my last analysis, the $ 22.80, which is one of the previous resistances, and nothing unusual is happening here. The volume decreased during last month’s accumulation, which is a typical trait of just an accumulation before the explosion, and the 21 ema is pointing up, evidencing the bull trend and working as a support level in the future. What’s more, the volume increased in the last 2 days, and today is finally above the 21 moving average I like to put in the volume as well. These are good signs but be prepared for pullbacks, but they could offer an opportunity for the late buyers. Any pullback to the 21 ema in the daily cart as well could be a nice opportunity if you missed the entry point on AAL. And remember to follow me to keep in touch with my daily analyses on stocks and indices. And please, support this idea if you liked it! Thank you very much.
NASDAQ:AAL
by Nathan_The_Finance_Hydra
8
American Airline.***Based on analysts offering 12 month price targets for AAL in the last 3 months. The average price target is $14.14 with a high estimate of $20 and a low estimate of $10 Analyst Firms Making Recommendations B OF A GLBL RES COWEN & COMPANY DEUTSCHE BK SEC JEFFERIES & CO. JP MORGAN SECUR RAYMOND JAMES SEAPORT GLOBAL STIFEL NICOLAUS WOLFE RESEARCH Analyst $14.14 *** Short interest is around 16 % as of 27.1.2021 2 day to cover. No buying & selling kind of scary !!! or nothing worthy to take action for !!! ***Insider Ownership Percentage: 1.03% Insider Buying (Last 12 Months): $0.00 Insider Selling (Last 12 Months): $0.00 Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term Well AAL is at he bottom here !!! Hedges are not interested i guess !!! ****73.1% of Alaska Air Group shares are owned by institutional investors -60.9% of United Airlines shares are owned by institutional investors -59.5% of Delta Air Lines shares are owned by institutional investors --44.4% of American Airlines Group shares are owned by institutional investors ***Period Ending: Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Total Assets 62008 59995 60580 52785 Total Liabilities 8875 60113 60749 53565 Total Equity -6867 -118 -169 -780
NASDAQ:AAL
by samitrading
8
AAL ideaAmerican Airlines has been bearish since 2018 and quite choppy over the past year. We managed to get in early an early entry on the 1st of June last year and it realized within 10 days (see below). The company's prospective is still not solid even though the recent earnings beat expectations. With the furloughs, lockdown restrictions, finance and debt repayment constraints, the company is faced with a difficult job ahead of them. However, its load factor and efforts to restructure can be seen as a good attempt to some extent. The vaccine developments and distributions have been also positive. The price is above the 200MA and slightly on the 50MA. I would ideally like to see a strong breakout at this long downtrend ($21 level) or have it back around the $14 level for me to add it on my watchlist again. Those who are already in should hold and others must just wait patiently.
NASDAQ:AAL
by Fumba
AAL Long GameSpikes in American Airlines have been pretty common over the last the past six months. With sudden spikes to the stock over $18 or within that target price range. As of recently, the stock beat their estimates by $0.25. However, due to COVID-19, the stock will see very neutral trends and even bear trends. In 2019, American Airlines revenue was at $47.7B which was sharply taken away from the pandemic with a revenue of only $17.34B in 2020. As of recently, American Airlines warned employees they should brace for another wave of furloughs. The Center for Disease Control recently updated their guidelines when people are using public transportation to wear the appropriate attire to prevent the spread of COVID-19. While the public's use of airlines has decreased over the past year people are still using the airline. Currently, it is hard to determine if the updated regulations on people traveling will improve revenue and make travelers feel safer when they travel. This should not scare the buyers or the bulls away. Will it take some time for NASDAQ:AAL to recover? Yes, it will take close to a year if not longer to recover. Despite a long recovery time the stock is still undervalued. It's hard to estimate when there will the "pre-COVID" stock price but eventually the company can get there. Long will be the best strategic outcome for this stock because of its necessity to people who travel for work or vacations. While it looks like there are no future plans of government action to be taken on airlines and transportation (again) it should not be surprising. Especially, if such action were to be taken up late spring/early summer. For the time being, it is quite frankly just a long waiting game. References: "American Airline Jobs." (Reuters). www.reuters.com "Requires Face Masks." Center for Disease Control. www.cdc.gov
NASDAQ:AALLong
by blasz002