AAL Price Prediction Next Week
Technical Analysis
AAL's stock shows a clear upward trend since February 20th, with the price rising from $14.50 to close at $15.13 on February 23rd. The stock has formed higher lows and higher highs, indicating positive momentum.
News Impact Recent news indicates a security incident involving an American Airlines flight diversion to Rome . While the threat was deemed non-credible, such events typically have short-term negative impacts on airline stocks.
Price Prediction for Next Week Based on technical analysis and recent news:
- Support level: $14.89 (recent low)
- Resistance level: $15.29 (recent high)
- Target price range: $15.35-15.50
The stock is showing bullish momentum with increasing volume, suggesting further upside potential. However, the security incident may create some short-term selling pressure.
Trading Recommendation SELL at current pre-market price of $15.35. Rationale:
- Security incident may create negative sentiment
- Stock is approaching resistance level
- Pre-market gains (+0.79%) provide good selling opportunity
- Set stop-loss at $15.50
- Price target: $14.90
The stock may experience a pullback early in the week due to the security incident news, providing better entry points for long positions later.
AAL Similar Chart Price Prediction
The price of AAL is predicted to go up 4.38%, based on the high correlation periods with CCEC. The similarity of these two price pattern on the periods is 96.77%.
AAL
CCEC
Up: 4.38%Similarity: 96.77%
AAL Revenue Forecast
AAL EPS Forecast
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AAL VS S&P500
American has the youngest fleet among US major airlines, which should limit the growth of fuel and maintenance expenses.
American has largely completed its fleet renewal, which should decrease capital expenditures.
Demand for air travel has recovered more rapidly from the covid-19 pandemic than the industry's ability to expand capacity to meet it.
AAL Analyst's Forecast
Savanthi Syth
Raymond James
Buy
2025-01-24
Price Target
$24 → $23
Upside
+35.33%
Raymond James lowered the firm's price target on American Airlines to $23 from $24 and keeps an Outperform rating on the shares. American's EPS guidance miss is largely explained by the recent steep step-up in fuel prices and cadence of year-over-year CASM-ex pressure, the analyst tells investors in a research note. Raymond James believes the stock can continue to grind higher over the next 12 months.
Andrew Didora
B of A Securities
Sell → Hold
2025-01-17
Price Target
$12 → $20
Upside
+9.62%
Sheila Kahyaoglu
Jefferies
Hold → Strong Buy
2025-01-06
Price Target
$12 → $20
Upside
+12.9%
