Investors can use this prediction interface to forecast American Airlines historic prices and determine the direction of American Airlines Group Inc future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of American Airlines historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of American Airlines Group Inc systematic risks associated with finding meaningful patterns of American Airlines fundamentals over time. Check also Historical Fundamental Analysis of American Airlines
to cross-verify your projections.
American Airlines Group Inc has current Price Action Indicator of 0.52. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
American Airlines Trading Date Momentum
|On March 27 2017 American Airlines Group Inc was traded for 41.74 at the closing time. Highest American Airlines's price during the trading hours was 41.89 and the lowest price during the day was 40.56 . The net volume was 6.1 M. The overall trading history on 27 of March did not affect price variability. The overall trading delta to current price is 1.61% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.