Everything about Angular differs drastically from AngularJS, so much so that I would consider them entirely different frameworks.
You'll be able to make use of much of your template code, and you'll likely be able to reuse any custom business logic and functions, but you are going to want to consider your AngularJS application a functional prototype, and redesign your Angular7 application based on what you've learned from the AngularJS one.
You're going to be switching from Javascript to Typescript, the component architecture is very different from how you would have built the JS application. Angular does away with two-way binding in almost all cases in favor of a uni-directional dataflow.
Any 3rd party libraries you may have used are likely going to need to be replaced or updated to the latest Angular compatible (rewritten) versions.
Having gone through both ground up AngularJS development, ground up Angular development (from 2 through 7), and a rewrite of an AngularJS application in Angular 7, I would strongly suggest learning as much as you can about building new applications in Angular 7, and then redeveloping your JS application from scratch with your new found knowledge, rather than try to drag an old codebase into the new framework.