American Airlines ( AAL, $14.76) will increase July flights
American Airlines said it would increase July flights, with lockdown restrictions gradually easing.
The air carrier said that it planned to fly 55% of its domestic schedule and 20% of international flights in July, compared with last year's capacity.
In June, the company is operating 25% of its domestic schedule. American flew just 20% in May.
“Our July schedule includes the smallest year-over-year capacity reduction since March", said Vasu Raja, senior vice president of network strategy. Raja mentioned “a slow but steady rise in domestic demand”.
Last week, American Airlines said it planned to cut its management and support staff by about -30%.
AAL in +6.66% Uptrend, growing for three consecutive days on June 03, 2020
As a Bullish sign, keep an eye on this company's ticker for future growth. Considering data from situations where AAL advanced for three days, in 218 of 316 cases, the price rose further within the following month. The odds of a continued Uptrend are 69%.
Current price $14.67 crossed the resistance line at $14.24 and is trading between $24.74 support and $14.24 resistance lines. Throughout the month of 05/01/20 - 06/03/20, the price experienced a +11% Uptrend, while the week of 05/27/20 - 06/03/20 shows a -1% Downtrend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator exceeded the 0 level on May 26, 2020. Traders may consider buying the ticker or exploring call options. In 53 of 77 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 69%.
The price moved above its 50-day Moving Average, which indicates a change from a Downtrend to an Uptrend. In 29 of 45 similar backtested cases where AAL's price crossed above its 50-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 64%.
Bearish Trend Analysis
The Stochastic Indicator may be shifting from an Uptrend to a Downtrend. In 40 of 55 cases where AAL's Stochastic indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 73%.
The higher Bollinger Band was broken -- a price fall is expected as the ticker heads toward the middle band, which invites the trader to consider selling or shorting the ticker, or exploring put options. In 33 of 42 cases where AAL's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 79%.
The Aroon Indicator entered a Downtrend today. In 150 of 229 cases where AAL Aroon's Indicator entered a Downtrend, the price fell further within the following month. The odds of a continued Downtrend are 66%.
Fundamental Analysis (Ratings)
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 75%. During the last month, the daily ratio of advancing to declining volumes was 1.63 to 1.
The Tickeron SMR rating for this company is 5 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 9 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: AAL's P/B Ratio (-1.90) is slightly lower than the industry average of (1.57). AAL has a moderately low P/E Ratio (2.63) as compared to the industry average of (10.78). Projected Growth (PEG Ratio) (0.30) is also within normal values, averaging (1.63). Dividend Yield (1.39) settles around the average of (1.04) among similar stocks. AAL's P/S Ratio (0.12) is slightly lower than the industry average of (0.47).
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is 63 (best 1 - 100 worst), indicating fairly steady price growth. AAL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 96 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. AAL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock worse than average.
AAL sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for AAL moved below the 200-day moving average on May 08, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Momentum Indicator moved below the 0 level on June 01, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AAL as a result. In of 97 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AAL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
AAL broke above its upper Bollinger Band on May 17, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for AAL just turned positive on May 30, 2023. Looking at past instances where AAL's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
AAL moved above its 50-day moving average on May 25, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for AAL crossed bullishly above the 50-day moving average on May 16, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AAL advanced for three days, in of 300 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 152 cases where AAL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (83.325). P/E Ratio (5.447) is within average values for comparable stocks, (22.085). Projected Growth (PEG Ratio) (0.083) is also within normal values, averaging (0.450). Dividend Yield (0.000) settles around the average of (0.041) among similar stocks. P/S Ratio (0.187) is also within normal values, averaging (1.092).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. AAL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. AAL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of air transportation services for passengers and cargo
Industry Airlines
AAL and
Correlation & Price change
A.I.dvisor indicates that over the last year, AAL has been closely correlated with UAL. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if AAL jumps, then UAL could also see price increases.
