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American Airlines Group Inc (AAL) “On a long-term technical basis, the stock (AAL) is trading below its 200-day moving average which generally implies it is in a negative trend.
The stock has support at 13.40 and 12.28. If the stock breaks down through support at 13.40 then it will probably continue lower to 12.28. The stock has resistance at 16.28 and at 17.24. If the stock breaks up through resistance at 16.28 then it will probably continue higher to 17.24. The 200-day moving average is at 21.94. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (45.26).”
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