6th week of the decline, two technical turns
American Airlines stock drops 6.8% as the MACD crosses below its Signal line
Our view last week
After last week's 4.4% bounce, American Airlines stock drops 7% this week: weekly technical analysis shows sellers almost absolute in the trading (96% of volume) while buyers are barely present. Weekly money flow stays positive, but the picture shows fading conviction — ADX keeps sliding and the MACD histogram keeps thinning. On the daily chart price is back in the 15 area, with no session defending it yet: for now the move continues.
This week's summary
American Airlines drops another 6.8%, and the week brings two technical turns that matter more than the decline itself: the weekly MACD crossed below its Signal line for the first time in 15 weeks, and money flow turned negative after 13 straight weeks above zero. Both were only warning signs last week; now they've shown up. Sellers still dominate the trading, though less heavily than seven days ago, and the ADX keeps sliding: the decline continues, with conviction fading.
IQS Phase
76
in tension
Signal Strength
76
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#8 / 93
US stocks
Trade P&L %
+7.74%
from signal to date, no stop loss
Rank position
ranks 8th among the 93 sell signals for US stocks in our ranking, with a signal strength of 76 out of 100.
Sector context
SectorIndustrial
Benchmark ETFXLI
Sector regimeweak phase
Performanceweekly -3.36% · monthly +0.78%
AAL belongs to the industrial sector (reference ETF XLI). The sector is classified weak phase according to our weekly reading.
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