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.
Momentum Indicator for AAL turns positive, indicating new upward trend
AAL saw its Momentum Indicator move above the 0 level on April 18, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 90 similar instances where the indicator turned positive. In of the 90 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where AAL's RSI Indicator exited the oversold zone, of 35 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for AAL just turned positive on April 19, 2024. Looking at past instances where AAL's MACD turned positive, the stock continued to rise in of 45 cases 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 290 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
AAL moved below its 50-day moving average on April 23, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for AAL crossed bearishly below the 50-day moving average on April 05, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 .
The Aroon Indicator for AAL entered a downward trend on April 09, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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 (22.106). P/E Ratio (19.901) is within average values for comparable stocks, (28.752). Projected Growth (PEG Ratio) (0.303) is also within normal values, averaging (0.728). AAL has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.030). P/S Ratio (0.191) is also within normal values, averaging (1.081).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AAL’s price grows at a higher 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 94, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
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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