ALLEGIANT TRAVEL CO (ALGT) Stock Technical Analysis
NASDAQ:ALGT - Nasdaq - US01748X1028 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to ALGT. ALGT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
ALGT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, ALGT outperforms 64% of them, which is more or less in line with the market.
ALGT is an average performer in the Passenger Airlines industry, it outperforms 45% of 23 stocks in the same industry.
ALGT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALGT is lagging the market.
ALGT has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
80.04
102.30
When analyzing the support we notice one important area.
- A support zone ranging from 80.85 to 81.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 85.23 to 85.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @101.29 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.83
Mansfield1.77
10 Day High93.36
10 Day Low79.64
20 Day High107.57
20 Day Low79.64
52 Week High107.57
52 Week Low36.09
Performance
1 Week0.11%
2 Weeks-8.57%
1 Month-19.96%
3 Month3.22%
6 Month82.31%
12 Month7.79%
2 Year-20.39%
3 Year-53.1%
5 Year-39.77%
10 Year-55.54%
15 Year56.58%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.19
RSI(14)35.79
LBB76.94
UBB97.7
81.64
-4.33 (-5.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-5.04%
1 Week0.11%
2 Weeks-8.57%
1 Month-19.96%
3 Month3.22%
6 Month82.31%
12 Month7.79%
2 Year-20.39%
3 Year-53.1%
5 Year-39.77%
10 Year-55.54%
15 Year56.58%
Volatility
ATR(14)5.49
ATR(20)%6.1%
ATR Inc21.24%
Range Today8.67
ADR(20)4.74
ADR(20)%5.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.83
Mansfield1.77
10 Day High93.36
10 Day Low79.64
20 Day High107.57
20 Day Low79.64
52 Week High107.57
52 Week Low36.09
CS1 End81.63
CR1 Start85.23
Volume & EV
DER(3)0.73%
DER(5)2.06%
Volume347.00K
Volume Incr-1.94%
Vol(5)366.16K
Vol(50)346.42K