AAL stock showed bullish momentum with 1.56% movement on Dec 30, 2024

AAL stock analysis on 12-30-2024, Monday

    Date:  Dec 30, 2024 (Monday)
    
    open  :  $17.26
    close :  $17.62
    low   :  $17.15
    high  :  $17.73 
    
    previous close:  $17.35 
    

Also check: Tool to spot which candlestick has formed

On Dec 30, 2024 (Monday), AMERICAN AIRLINES GROUP INC. (AAL) in the industrials sector showed bullish momentum of 1.56% w.r.t previous day's close. The stock belongs to the airlines industry within the industrials sector.

At the opening bell, the stock started with a a gap down at $17.26, compared to the previous close of $17.35 (a gap down of -0.52%).

The stock hit a high of $17.73 and a low of $17.15, creating a trading range of $0.58. The price movement for the day was 2.09% higher than the opening price.

During the day's session, the AMERICAN AIRLINES GROUP INC. experienced a substantial drop in trading activity, trading 19,196,324 shares, which is 32.36% lower than the average of 28,379,871 shares, like a sharp decrease in volume compared to its usual levels. This decline indicates reduced market participation or a lack of significant news to drive interest.

The stock showed moderate volatility (3.29%) with movement between $17.15 and $17.73.

If we look at the last month's 1D chart, the stock has been trending upward, and today's close > open forms a bullish candle, reinforcing the trend and signaling strong buying pressure as bullish momentum continues.

Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.

Next Story
TRENDING
Follow us