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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and GLENN LARKIN

American Airlines Stock Shows Rising RS; Just Shy Of Key Benchmark

In a welcome move, American Airlines Group saw its Relative Strength Rating rise from 69 to 79 on Tuesday. If the trend continues, it should hit the 80+ mark soon.

When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.

This proprietary rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks matched up against all other stocks.

Decades of market research shows that the market's biggest winners typically have an 80 or higher RS Rating as they begin their largest runs. See if American Airlines Group can continue to rebound and hit that benchmark.

Looking For The Best Stocks To Buy And Watch? Start Here

American Airlines Group is working on a cup without handle with a 17.64 buy point. See if the stock can break out in volume at least 40% higher than normal.

American Airlines Group reported 0% earnings growth last quarter. Sales gains came in at 37%.

The company earns the No. 7 rank among its peers in the Transportation-Airline industry group. Delta Air and United Airlines are also among the group's highest-rated stocks.

Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks

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