AMR Should I Buy

AMR is not a good buy right now for a beginner long-term investor with $50k–$100k who doesn’t want to wait for a better entry. The latest quarter shows a sharp slowdown (revenue down and earnings negative), options flow skews bearish, and Wall Street’s latest target ($205) is below the current pre-market price (~$221), implying limited upside and more downside risk near-term.

Trend/price context: Pre-market ~221.65, sitting just above key support S1 ~218.17 and well below the pivot ~233.85 (a level it would typically need to reclaim to improve the short-term setup). Momentum: MACD histogram is negative (-3.611) and expanding downward, signaling weakening momentum. RSI: RSI(6) ~39.3, not oversold but leaning weak—suggests sellers still have control. Moving averages: SMA_5 > SMA_20 > SMA_200 is structurally bullish, but the negative MACD + price below pivot suggests the uptrend is not currently in a strong phase. Near-term probability signal: pattern-based outlook shows an estimated -9.38% over the next month, which aligns with the weak momentum read. Bottom line: technically this looks like a vulnerable zone—support is close, but momentum is bearish and a push back above ~234 would be needed to improve the entry quality.