American Airlines stock: buy or sell
Jan 18th, 2021
American Airlines stock brief
- American Airlines closed last Friday at $15.76 after dropping a -4.14% breaking a streak of 3 sessions in green.
- American Airlines is presenting its earnings report on Thursday
- 140166 posted a sell rating for American Airlines last Thursday, with a forecast of $10.00
- American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. It provides scheduled air transportation services for passengers and cargo.
Should I buy American Airlines stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $AAL stock a buy?
In the current situation of American Airlines there is not any eligible buy setup. This doesn't mean we expect a selloff for $AAL in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell American Airlines stock?
How to know when is it time to sell American Airlines?. Trading strategies let us to avoid impetuous decisions based on our personal feelings or the buzz that surrounds the market. We like very simple strategies to guide us on when is a good moment to sell our shares. Be aware that these strategies should not be used for selling short $AAL stock
As a golden rule, you should not hold an open trade that results in losses greater than those expected at the time of purchase. The moment to sell your stock always has to be dictated by the stop-loss (automatic or manual)
Is it time to sell American Airlines stock?
In the current situation of American Airlines there is not any eligible sell setup, so American Airlines stock holders with operations in profit can keep their positions
American Airlines ratings
In the last month, 2 ratings were published for American Airlines
|Jan 11th, 2021|
|Jan 14th, 2021|
American Airlines stock analysis
Supports and resistances
The current resistances are:
The current support levels are:
Since the price broke down the lower band on January 4, the price rebounded by 4.86%
Relative strength index
The RSI dropped below the overbought level of 70 in mid-December after just crossing to the overbough zone for a single day (weak signal). The RSI reading last Friday was 51.9. Since then, American Airlines price tanked a 12.40%
American Airlines stock price history
American Airlines went public on Sep 27th, 2005 priced at $19.84 per share1. Since then, AAL stock declined by -20.56%. An investment of thousand dollars on Sep 2005 would worth $794.35 nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for American Airlines stock
Nobody knows how much a share will be priced in the future. Banks and financial organisations issue their analysis predicting how a stock will performance in the future.
The following table shows the price target released by financial institutions in the last month. If you are a small investor you must not invest based on these projections.
There is just one price target issued for American Airlines that forecasts a price of $10.00.
|Brokerage firm||Price target|
|Jan 11th, 2021|
|Jan 14th, 2021|
|140166||$8.00 → $10.00|
Earnings and financials
American Airlines ($AAL) is hosting the Q4 earnings call on Thursday. Forecasted for this quarter is $-4.10, compared to $-5.54 that was reported for Q3.
In case you are a shareholder of American Airlines stock, don't forget to review your stop-loss, as earnings release day often has higher than usual volatility. You can probably find more details about the earnings call and the earnings reports on the Investor Relations section of its website: http://www.aa.com.
Last October, American Airlines Group Inc. ($AAL) posted adjusted EPS for that slightly beat Wall St. expectations. Quarterly EPS was $-5.54 per share vs the estimates of $-5.88. This Q3 report means an earnings surprise of 5.78%. Company's revenue was $3.2 billion versus $2.8 billion forecasted by market consensus.Same quarter last year, reported EPS was $1.42, so current EPS is a decrease of -490.14%. Revenue sank a -73.36% on an annualized basis in the , from $119.1B to $31.7B last quarter.
American Airlines performance
|American Airlines ($AAL)||-6.60%||28.00%||32.10%|
Important:The opinions contained in this article are personal and not recommendations for you to buy or sell shares. The author of this document does not have an understanding of the particular circumstances of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for education purposes only
American Airlines summary
|Friday, January 15th, 2021|
|Day range||$15.74 - $16.28|
|Average true range||$0.70|
|50d mov avg||$14.90|
|100d mov avg||$13.76|
|200d mov avg||$12.97|
|Earnings date||January 21st, 2021|