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Does the Market Like American Airlines Group Inc (AAL) Stock After it Has Fallen 21.55% in a Week?

Wednesday, June 24, 2020 03:49 PM | InvestorsObserver Analysts
Does the Market Like American Airlines Group Inc (AAL) Stock After it Has Fallen 21.55% in a Week?

The market has been down on American Airlines Group Inc (AAL) stock recently. AAL gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bearish

American Airlines Group Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AAL!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.

Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.

InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.

Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With AAL Stock Today?

American Airlines Group Inc (AAL) stock is trading at $13.32 as of 3:42 PM on Wednesday, Jun 24, a drop of -$0.68, or -4.85% from the previous closing price of $14.00. The stock has traded between $12.83 and $13.90 so far today. Volume today is 111,850,489 compared to average volume of 112,554,978.

To see InvestorsObserver's Sentiment Score for American Airlines Group Inc click here.

More About American Airlines Group Inc

American Airlines operates almost 7,000 flights per day to more than 350 destinations in 50 countries from hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. The company generated roughly $45 billion in revenue during 2018.

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