Time for Investors to Take the Plunge on American Airlines Group Inc. (NASDAQ:AAL)

Equity Research firms currently have a positive stance on shares of American Airlines Group Inc. (NASDAQ:AAL). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.40. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $40.83 on a short term basis.

At the time of writing, the stock was trading at $37.70. This represents a change from the opening price of -1.98%. In terms of performance, year to date, the stock is -10.21%. The monthly stock performance comes in at 4.03%. For the quarter, shares are performing at 30.70%. Weekly performance analysis shows the equity at 7.93%.

In taking a look at technical levels, shares are trading 4.70% away from the 50 day simple moving average and 3.11% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -19.25% away from it’s 52- week high and 52.16% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, American Airlines Group Inc.’s RSI stands at 61.74. In looking at volatility levels, the shares saw weekly volatility of 3.28% and 2.93% over the past month.

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