ALASKA AIR GROUP INC (ALK) Stock Technical Analysis
NYSE:ALK - New York Stock Exchange, Inc. - US0116591092 - Common Stock - Currency: USD
Overall ALK gets a technical rating of 0 out of 10. ALK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
72% of all other stocks performed better in the past year than ALK.
ALK is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
ALK is part of the Passenger Airlines industry. There are 23 other stocks in this industry. ALK outperforms 72% of them.
ALK has an average volume of 3643070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ALK has a been trading in the 40.19 - 55.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ALK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
34.49
50.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 44.44 to 45.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.00 to 41.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @37.56 from a trend line in the weekly time frame.
- Support @34.84 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @50.28 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
CRS28.8
Mansfield-0.21
10 Day High50.89
10 Day Low40.19
20 Day High55.33
20 Day Low40.19
52 Week High78.08
52 Week Low32.62
Performance
1 Week1.51%
2 Weeks-1.65%
1 Month-14.51%
3 Month-31.9%
6 Month0.53%
12 Month0.38%
2 Year3.96%
3 Year-16.93%
5 Year38.93%
10 Year-29.47%
15 Year336.42%
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)0.44
RSI(14)40.01
LBB40.75
UBB51.52
45.18
+0.53 (+1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg1.19%
1 Week1.51%
2 Weeks-1.65%
1 Month-14.51%
3 Month-31.9%
6 Month0.53%
12 Month0.38%
2 Year3.96%
3 Year-16.93%
5 Year38.93%
10 Year-29.47%
15 Year336.42%
Volatility
ATR(14)3.96
ATR(20)%7.27%
ATR Inc-35.42%
Range Today1.9
ADR(20)2.93
ADR(20)%6.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.8
Mansfield-0.21
10 Day High50.89
10 Day Low40.19
20 Day High55.33
20 Day Low40.19
52 Week High78.08
52 Week Low32.62
CS1 End45.05
CR1 Start50.28
Volume & EV
DER(3)-0.15%
DER(5)-0.07%
Volume2.27M
Volume Incr-40.53%
Vol(5)2.73M
Vol(50)3.64M