The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 5/29/2026 -
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American Airlines Group (AAL) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtLane's Stochastic bearish divergence
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It was a second consecutive positive week for the American Airlines Group (AAL). During the week, the AAL gained 0.79 points, or 5.70%, and closed at 14.64 on Friday, May 29, 2026. Weekly volume was 28% above average.

Long-term trend: [See AAL long-term trend chart]
A long-term downtrend had started on January 7, 2026 at 16.50 and reached 10.09 on March 30, 2026. AAL lost 6.41 points, or 38.85%, in 11 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (6.93) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. AAL may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See AAL medium-term trend chart]
A medium-term uptrend had started on March 30, 2026 at 10.09 and reached 15.40 on May 27, 2026. AAL gained -5.31 points, or -52.63%, in 8 weeks. The price is now at the 14.31% retracement level.

Weekly Technical Indicators: [See AAL weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since May 15, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See AAL short-term trend chart]
A short-term uptrend had started on April 29, 2026 at 11.17 and reached 15.40 on May 27, 2026. AAL gained -4.23 points, or -37.87%, in 28 days. The price is now at the 17.97% retracement level.

Daily Technical Indicators: [See AAL daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is above its signal line since May 20, 2026. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.11
Williams' Percentage Range (W%R) 18.00
Overbought
Lane's Stochastic (%D-Slow) 84.83
Overbought Bearish
Greed/Fear Indicator (GFI) 76.98
Moving Average Converg./Diverg. (MACD) 0.49
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 54.43
Williams' Percentage Range (W%R) 27.80
Lane's Stochastic (%D-Slow) 71.84
Greed/Fear Indicator (GFI) 66.73
Moving Average Converg./Diverg. (MACD) -0.31
Trading Signals
Description Value Chart
Upper Bollinger Band 15.20
Daily Stochastic Crossing 14.88
Price 14.64
Weekly Stochastic Crossing 14.39
20 Day Moving Average 13.13
Parabolic System 13.12
50 Day Moving Average 12.04
Monthly Trendline Resistance 11.91
Lower Bollinger Band 11.34
Sector and Industry
Description Name Rank
Sector Industrials 7
Industry Airlines 86
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 11.17
Low Date 04/29/2026
High 15.40
High Date 05/27/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 10.09
Low Date 03/30/2026
High 15.40
High Date 05/27/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 11.91
Support 6.93
High 16.50
High Date 01/07/2026
Low 10.09
Low Date 03/30/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 26.09
High Date 03/18/2021
Low 8.50
Low Date 04/04/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 59.08
High Date 01/16/2018
Low 8.25
Low Date 05/14/2020
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.