Summary:
- A moving average of Short volume ratio is at a recent 2 week high. A high short volume ratio indicate selling presures.
- MACD is crossing MACD signal line at 0.2. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Stock news
Spirit Airlines (NYSE: SAVE) shares experienced unusual options activity on Friday. The stock price moved down to $20.57 following the option alert. * Sentiment: BEARISH * Option Type: SWEEP * Trade Type: CALL * Expiration Date: 2020-11-20 * Strike Price: $20.00 * Volume: 1370 * Open Interest: 9406Three Indications Of Unusual Options Activity Extraordinarily large volume (compared to historical averages) is one indication of unusual options market activity. Volume refers to the total numb...
Spirit Airlines (NYSE: SAVE) is offering More Go to Colombia, with two new cities officially joining its route map. The carrier's signature yellow planes brought some extra sunshine when they launched service to Bucaramanga (BGA) on Nov. 18 and Barranquilla (BAQ) on Nov. 19. Both routes run nonstop from the Fort Lauderdale-Hollywood International Airport (FLL).
The industry has seen losses mount as travel demand plummeted due to the virus, but with at least two vaccine candidates showing promise, it is possible conditions could begin to normalize by mid-2021. Lou Whiteman owns shares of Delta Air Lines and Spirit Airlines.
The sector may be getting ahead of the fundamentals. Booking trends have lost momentum as Covid-19 cases have surged.
Southwest Airlines (LUV) expects operating revenues to be down 60-65% in both November and December. Meanwhile, Azul (AZUL) performs badly in Q3 due to coronavirus-led revenue weakness.
With uptick in air-travel demand, Spirit Airlines (SAVE) plans to resume six nonstop international services from Orlando, FL in December.
MIRAMAR, Fla., Nov. 17, 2020 (GLOBE NEWSWIRE) -- The brightest planes in the sky are helping loved ones see each other again as they resume soaring over Peru. Spirit Airlines (NYSE: SAVE) restarted nonstop service between Fort Lauderdale-Hollywood International Airport (FLL) and Lima’s Jorge Chávez International Airport (LIM) on Nov. 7, bridging the gap between the two countries after eight months of border closures due to COVID-19. The airline offers connections to more than 15 major U.S. citie...
Boeing's 737 MAX is expected to be cleared to fly again soon, more than a year after being grounded due to safety concerns, and the aerospace manufacturer is scrambling to find takers for the more than 400 planes it has built but has been unable to deliver during the grounding. "No one should think Southwest is gonna get 50 more airplanes than what they were planning on in terms of incrementing the fleet," Kelly said during an aviation webinar, as quoted by Reuters.
This time it was Moderna out with good news concerning a COVID-19 vaccine candidate, which means the odds are improving that we're nearing the beginning of the end of the pandemic. Shares of United Airlines Holdings (NASDAQ: UAL) and Spirit Airlines (NYSE: SAVE) both jumped more than 8% at the open Monday, and shares of Delta Air Lines (NYSE: DAL), Southwest Airlines (NYSE: LUV), American Airlines Group (NASDAQ: AAL), and JetBlue Airways (NASDAQ: JBLU) all jumped 5% or more.
“Widespread adoption of a vaccine is not needed for air travel to begin a recovery,” Bernstein analysts wrote.