$AAL American Airlines Group Inc Stock Robo Analyst August 29 2020 #AAL

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. However, the stock has broken up through an important long-term fibonacci resistance level at 9.38 suggesting the long-term down trend could be turning neutral. If this new level of support at 13.48 holds, look for a move higher to the next resistance level at 15.10.

The stock has support at 13.48 and 12.56. If the stock breaks down through support at 13.48 then it will probably continue lower to 12.56. The stock has resistance at 13.63 and at 15.10. If the stock breaks up through resistance at 13.63 then it will probably continue higher to 15.10. The 200-day moving average is at 18.15. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (51.77).”