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Downtrend Call Working As American Airline Stock Falls 14.5% (AAL)

By Nick Russo

SmarTrend identified a Downtrend for American Airline (NASDAQ:AAL) on July 29th, 2019 at $30.87. In approximately 3 weeks, American Airline has returned 14.47% as of today's recent price of $26.40.

Over the past year, American Airline has traded in a range of $25.14 to $43.89 and is now at $26.40, 5% above that low. The 200-day and 50-day moving averages have moved 0.37% lower and 0.91% lower over the past week, respectively.

American Airlines Group Inc. operates an airline that provides scheduled passenger, freight, and mail service throughout North America, the Caribbean, Latin America, Europe, and the Pacific. The Company also provides connecting service throughout the United States, Canada, and the Caribbean.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of American Airline.

Log in and add American Airline (AAL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights american airline

Ticker(s): AAL