ALASKA AIR GROUP INC (ALK) Stock Technical Analysis
NYSE:ALK - New York Stock Exchange, Inc. - US0116591092 - Common Stock - Currency: USD
Taking everything into account, ALK scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month ALK has a been trading in the 64.82 - 78.08 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, ALK did better than 96% of all other stocks. On top of that, ALK also shows a nice and consistent pattern of rising prices.
ALK is one of the better performing stocks in the Passenger Airlines industry, it outperforms 95% of 23 stocks in the same industry.
ALK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ALK is performing more or less in line with the market.
ALK has an average volume of 2825640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ALK has an excellent technical rating, it does not offer a high quality setup 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
34.49
76.68
3 important support areas can be observed.
- A support zone ranging from 65.29 to 65.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.07 from a trend line in the weekly time frame.
- Support @34.84 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 71.66 to 73.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @75.92 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.05
Mansfield3.05
10 Day High78.08
10 Day Low64.82
20 Day High78.08
20 Day Low64.82
52 Week High78.08
52 Week Low32.62
Performance
1 Week-8.54%
2 Weeks-13.33%
1 Month-11.14%
3 Month20.17%
6 Month73.72%
12 Month78.46%
2 Year55.62%
3 Year12.57%
5 Year129.36%
10 Year-1.33%
15 Year533.52%
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)-1.1
RSI(14)36.65
LBB66.76
UBB78.1
65.3
-4.6 (-6.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-6.58%
1 Week-8.54%
2 Weeks-13.33%
1 Month-11.14%
3 Month20.17%
6 Month73.72%
12 Month78.46%
2 Year55.62%
3 Year12.57%
5 Year129.36%
10 Year-1.33%
15 Year533.52%
Volatility
ATR(14)3.45
ATR(20)%4.66%
ATR Inc65.19%
Range Today3.57
ADR(20)2.95
ADR(20)%4.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.05
Mansfield3.05
10 Day High78.08
10 Day Low64.82
20 Day High78.08
20 Day Low64.82
52 Week High78.08
52 Week Low32.62
CS1 End65.29
CR1 Start71.66
Volume & EV
DER(3)1.79%
DER(5)0.65%
Volume4.02M
Volume Incr-8.04%
Vol(5)2.43M
Vol(50)2.83M