The Relative Strength (RS) Rating for American Airlines Group (AAL) entered a higher percentile Tuesday, as it got a lift from 62 to 71.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners typically have an 80 or higher RS Rating as they launch their largest runs. See if American Airlines Group can continue to show renewed price strength and clear that threshold.
American Airlines Group is trying to complete a cup without handle with a 16.15 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
While revenue growth fell last quarter from 2% to 1%, EPS grew -21%, up from -43% in the prior report.
American Airlines Group holds the No. 12 rank among its peers in the Transportation-Airline industry group. Skywest (SKYW), United Airlines (UAL) and Alaska Air Group (ALK) are among the top 5 highly rated stocks within the group.
AAL - D chart - Cup handle - $16.05 - RS -> 71 to 81
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