---
title: "American Airlines Stock's New Floor Holds, But Resistance Remains"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300341844.md"
description: "American Airlines (AAL) shares declined Monday as two analysts, BMO Capital and Evercore ISI, lowered their price targets to $15.50 and $13 respectively. The stock faces resistance near $14.07 but has established a support floor around $12.54-$13.42. Despite the pullback, technical analysis suggests buyers are defending this new lower range, with key levels to watch being the $13.32 support and the $14.07 high."
datetime: "2026-09-28T18:55:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300341844.md)
  - [en](https://longbridge.com/en/news/300341844.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300341844.md)
generator: "portal-rs"
---

# American Airlines Stock's New Floor Holds, But Resistance Remains

**American Airlines Group Inc**. (NASDAQ:AAL) shares are trading lower Monday. Two analysts cut their price targets on the stock. Here’s what you need to know.

-   American Airlines Group stock is facing resistance. Why is AAL stock retreating?

## Two Analysts Lower Their American Airlines Price Targets

BMO Capital analyst **Michael Goldie** maintained a Market Perform rating on American Airlines while lowering the price target to $15.50 from $19. Evercore ISI analyst **Duane Pfennigwerth** maintained an In-Line rating while cutting the price target to $13 from $17.

American Airlines carries an overall Hold rating on Wall Street, with an average price target of $18. Other recent analyst actions include Rothschild & Co raising its target to $13.50 while maintaining a Neutral rating on September 18.

## American Airlines’ Chart Shows a Well-Defended Floor Amid a Weakening Ceiling

Beyond today’s analyst moves, the stock’s broader chart shows momentum fading at the top even as a new floor holds firm underneath. Shares couldn’t climb back to July’s $18 peak during August’s rebound, which stalled out at $17.13. The subsequent decline broke straight through the old lows near $13.32 to $13.42 and settled into fresh territory around $12.54 to $12.59, a floor tested four separate times over roughly a week in mid-September, with each touch landing within a nickel of the others.

Buyers then pushed the stock back up to $14.07 by September 22, reclaiming the previous $13.32-to-$13.42 zone that had already failed twice earlier in the summer, a signal that tends to carry more weight than a standard bounce. Shares now trade around $13.59, sitting in the middle of that recovered range.

Looking ahead, the key levels to watch are whether $13.32 to $13.42 continues acting as support on any pullback, which would validate the recovery, and whether the stock can clear meaningfully above the $14.07 September high.

## AAL Shares Are Dropping

**AAL Price Action:** American Airlines shares were down 1.95% at $13.60 at the time of publication on Monday, according to Benzinga Pro.

 **Read Also: Nasdaq 100 Sinks, Oil Rallies as Trump Rejects Iran's Hormuz Plan: Stock Market Today** 

*Image: Shutterstock*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**