The Relative Strength (RS) Rating for American Airlines Group entered a higher percentile Wednesday, as it got a lift from 66 to 72.
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IBD's unique RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the best-performing stocks typically have an 80 or higher RS Rating as they begin their largest price moves. See if American Airlines Group can continue to rebound and hit that benchmark.
While the stock is not near an ideal buy point right now, see if it manages to form and break out from a proper consolidation.
The company reported -13% EPS growth last quarter, while sales growth came in at 0%.
The company holds the No. 16 rank among its peers in the Transportation-Airline industry group. Ryanair Holdings ADR, Skywest and LATAM Airlines Group ADR are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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