AAL Stock 10-Day forecast and technical analysis by pretiming. | |||
◆ Closed price | |||
Jun 02, 2023 | 14.87 | 1.16% | |
◆ Appropriate Investment Position: Sell | |||
◆ Today's stock price Buy-Sell strength analysis | |||
The current trend appears to be 'Entering an uptrend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing an appropriate HIGH-price to the current trend and a weaker LOW-price Finally, the CLOSE-price closed with a weaker upward rate than the current trend. | |||
The overall buy-and-sell strength indicates that the buy strength is stronger than the sell. | |||
Assuming that the average buy strength is 100%, | |||
Today's buy strength is | 112% | | |
◆ Tomorrow's stock price Buy-Sell strength Forecast | |||
Based on recent stock trends and technical analysis, it looks like AAL stock will enter a Rebound trend tomorrow | |||
The %strength of Risk & Return tomorrow : | -44% | ||
HIGH ~ LOW % range tomorrow : | 0.3% | -2.2% | |
Predicted Average loss over the next 3 days: | -2.9% | ||
The price of AAL stock moves in line with the rise and fall of the stock market index with a probability of | 74% | | |
, and conversely, it moves against the stock market index trend with a probability of | 26% | | |
because of the high similarity, the predicted flow might change depending on the flow of the stock market index. If any changes are made, the stock flow of the 10-day forecast may also change. | |||
◆ AAL stock price 10 Day forecast | |||
It is expected that the overall trend movement over the next 10 days will follow a descending rectangle pattern, with a ratio of 9 : 1 for the downward to upward direction, indicating a higher proportion of the downward trend. And, in terms of the expected strength of the upward and downward movements, the downward strength is somewhat higher, while the upward strength is moderate. Currently, it's about to begin an uptrend as a correction trend gradually transitions to small declines and strong rises. and When the stock market opened, the Buy-Sell strength had turned into a stronger buying flow. | |||
Indicating that [Bearish] We are currently in a bearish zone so far. But It is likely to change to a bullish zone within a few days. A suitable investing position is 'Sell(Bearish)' for now. The appropriate buying timing is predicted to be in 2 days. | |||
The buying date is | Jun 05 | to | Jun 06 |
A good price to buy a stock: | $ 14.48 | ||
And the appropriate selling timing is predicted to be in 6 days. | | ||
The selling date is | Jun 09 | to | Jun 12 |
A good price to sell a stock: | $ 14.96 | ||
(Forecast may change due to changes in the Buy-Sell strength) | |||
◆ Volatility of forecast | |||
Due to sudden changes in Buy-Sell strength that can cause instability in trend linkage, pretiming forecasting can be highly volatile. | |||
◆ Predicting the turning point of the trend | |||
The probability of a trend reversal occurring approximately 6 days from now, 9 days from now | 63% | ||
◆ Forecast of Upper~Lower price range over the next 10 days | |||
Price: | 14.35 | ~ | 15.17 |
% Change: | -3.5% | ~ | 2.0% |
Median price between the upper and lower prices | 14.76 | -0.8% | |
◆ Analysis of the trend zone & level% and average strength of trends | |||
For the last 30 days, the average trend zone & level% | Bullish | 0% | |
The Current trend zone & level% | Bearish | -15% | |
The expected average trend zone & level% for the next 10 days | Bearish | -52% | |
If the trend moves upward from the current trend level%, it's expected to have an average upward strength of | 33% | (Max 100%) | |
And if it moves downward, it is expected to have a downward strength of | -64% | (Min -100%) | |
◆ Forecasting the strength of the trend and the range of the HIGH ~ LOW | |||
Trend | Strength% | HIGH | LOW |
In 1 day: Entering a rebound trend | -44% | 0.3% | -2.2% |
In 2 days: Entering a rebound trend | -41% | 0.2% | -1.8% |
In 3 days: Entering a rebound trend | 20% | 0.8% | -0.2% |
In 4 days: Entering a rebound trend | 39% | 1.3% | -0.1% |
In 5 days: Entering a rebound trend | 41% | 2.2% | 0.1% |
In 6 days: Reversion to a downtrend | 25% | 1.0% | 0.0% |
In 7 days: Downtrend | -98% | 0.1% | -2.8% |
In 8 days: Entering a rebound trend | -98% | 0.2% | -2.5% |
In 9 days: Entering a rebound trend | -39% | 0.2% | -1.6% |
In 10 days: Rebound trend | 43% | 1.9% | -0.2% |
◆ Average closing price in case of rising: | | 1.5% | |
=> HIGH ~ LOW range: | 2.4% | ~ | -0.9% |
◆ Average closing price in case of falling: | | -2.0% | |
=> HIGH ~ LOW range: | 0.8% | ~ | -2.7% |
Stock forecast is based on the buy-sell strength analysis of pretiming. Get detailed information including best stocks to buy, stock price target and investment strategy, Bearish & Bullish stock trend analysis, stock technical analysis. | |||
