On Monday, American Airlines Group reached an important technical milestone, with its Relative Strength (RS) Rating entering into the 80-plus percentile with an upgrade to 82, an increase from 78 the day before.
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating in the early stages of their moves.
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American Airlines Group is working on a with a 16.15 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
While sales growth fell last quarter from 2% to 1%, earnings-per-share grew -21%, up from -43% in the previous report.
American Airlines Group holds the No. 11 rank among its peers in the Transportation-Airline industry group. Skywest, Alaska Air Group and Sun Country Airlines are among the top 5 highly rated stocks within the group.
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