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<ul class="list-ic vertical">
 <li><span>1</span> <a>AAL price slumped nearly 9.13% in the past seven intraday sessions.&nbsp;</a></li>
 <li><span>2</span> <a>American Airlines Group Inc. stock (NASDAQ: AAL) price slipped to a three-year low price.&nbsp;</a></li>
 <li><span>3</span> <a>American Airlines Group reported third quarterly results yesterday post which the stock price experienced volatility.&nbsp;</a></li>
</ul>
<p>American Airlines Group Inc. (AAL) stock price released its third quarterly report yesterday i.e. 19th October, post which, the stock price experienced volatility. The stock price opened flat and surged over 6% in the first half. However, the stock price suffered rejection from the upper levels and closed with a slight gain of 0.79%.&nbsp;</p>
<p>The AAL company reported mixed results with earnings outperforming and the revenues missed the expectations. The company posted a revenue of $13.48 Billion; missing the estimates by 0.23%. Moreover, the company reported earnings of $0.38, surprising the estimates by 50.5%.</p>
<p>Moreover, the pre-earning sentiments were negative; dragging the price to a three-year low after a short consolidation near the recent support. The earnings failed to create a major impact on the price trend.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/QxfpvRhrEGoin4QA11pdKbVHLy58dmp9Ucir7fztOqSII9RGWmCnaaL5d0Y9sZiLjv3NUh5-ER2-1BkT6nvgapuEOnET-zxgODEDsyXavvyNGvCUS29dlgNtvQG98Xa4aK7Cuv6Pv_xaWCyNJ12o4u8" alt="American Airlines Group (AAL) Price Slides To 3-Year Low">
  <figcaption class="wp-element-caption">
   Source: barchart.com
  </figcaption>
 </figure>
</div>
<p><a href="https://www.thecoinrepublic.com/2023/10/05/tesla-stock-lifts-off-6-in-intraday-outlook-for-this-week/" rel="noopener noreferrer nofollow">AAL</a> option-chain analysis states that the current implied volatility in the market is 44.19% with a decrement of 4.58% in the last trading session. The at-the-money strike has an OI of 19,446 on the PUT side and 9,858 on the CALL side indicating the domination of buyers at the CMP.&nbsp;</p>
<h2 class="wp-block-heading" id="strong-aal-price-shows-formation-of-symmetrical-triangle-pattern-strong"><strong>AAL Price Shows Formation of Symmetrical Triangle Pattern</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/TqmpQUZAwgglD35WcqTo3WzWkyrv1wHGlYMxjKAcHKDJtKrgQo6EknX6E3StKbz5KiTXZ7K71Femv79j-uBP-EmRvq-xif13laTlw1P9Es_8JdKXteITcv0MIPTQLeDh0RxdyJjRJhG1Uj71fW7z2uM" alt="American Airlines Group (AAL) Price Slides To 3-Year Low">
  <figcaption class="wp-element-caption">
   Source: American Airlines Group&nbsp; 1D. NASDAQ By <a href="https://www.tradingview.com/x/3wB4g70u/" rel="noopener noreferrer nofollow">TradingView</a>
  </figcaption>
 </figure>
</div>
<p>The American Airlines Group Inc. stock price analysis shows that the stock price is bearish in the short term as well as the long term. The stock price did not show a major improvement after the earnings. The price may continue to decline further if it breaks below the recent low.&nbsp;</p>
<p>Moreover, the price recovery needs strong buyers at the lower levels to halt the further decline and surge the price higher.</p>
<h3 class="wp-block-heading" id="strong-technical-indicators-show-volatility-in-near-term-strong"><strong>Technical Indicators Show Volatility in Near Term</strong></h3>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/AptyR-hW7z4-rcKk7p3RI5wFQVznvK2fEN4q9C2ZNgMXURg1e6kglAf3eWknZWF7XTWXo5h8lMtNq8H5O6Tn3CbNjJi7KlNkOrTz4jyrMJHFTc_Z1pxA9hh206ccRKyIy-pt9mKxx6J-nPoWjKNvMLQ" alt="American Airlines Group (AAL) Price Slides To 3-Year Low">
  <figcaption class="wp-element-caption">
   Source: American Airlines Group&nbsp; 1D. NASDAQ By <a href="https://www.tradingview.com/x/3wB4g70u/" rel="noopener noreferrer nofollow">TradingView</a>
  </figcaption>
 </figure>
</div>
<p>The daily <a href="https://www.thecoinrepublic.com/2023/09/14/american-airlines-aal-stock-fuel-cost-squeezed-q3-earnings/" rel="noopener noreferrer nofollow">AAL price</a> chart shows that the price fell below the 50-day and 200-day EMA; indicating bearishness in the long term as well as short term. The RSI seems to be recovering after entering an oversold zone.&nbsp;</p>
<p>The overall technical opinion rating including RSI and MACD signals an 88% “sell” with the strongest short-term outlook on maintaining the current direction.</p>
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4>
<p>American Airlines Group Inc. (AAL) stock reported mixed results for the third quarter of 2023. The earnings beat the estimates by 50.5% but the revenues missed them by 0.23%. The stock price opened flat and rose 6% in the first half but then fell back and closed with a slight gain of 0.79%.&nbsp;</p>
<p>The stock price is bearish in both the short and long term and may decline further if it breaks below the recent low. The price recovery needs strong buyers at the lower levels to push them higher.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<ul>
 <li><strong>Support levels:</strong> $11.01 and $10.53</li>
 <li><strong>Resistance levels:</strong> $12.23 and $13.03</li>
</ul>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

American Airlines Group (AAL) Price Slides To 3-Year Low

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