ALASKA AIR GROUP INC (ALK)

US0116591092 - Common Stock

52.3  -0.84 (-1.58%)

After market: 53 +0.7 (+1.34%)

Technical Rating and Analysis

9

Overall ALK gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ALK has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
ALK is one of the better performing stocks in the Passenger Airlines industry, it outperforms 82% of 24 stocks in the same industry.
ALK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ALK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ALK has an average volume of 2406000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ALK is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Weekly and Daily overview Charts
ALK Weekly chart
ALK Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, ALK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

34.49

54.51

4 important support areas can be observed.

  • A support zone ranging from 52.29 to 52.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @39.38 from a horizontal line in the daily time frame.
  • Support @35.84 from a trend line in the weekly time frame.
  • Support @34.84 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 53.97 to 53.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.53
Mansfield1.47
10 Day High54.01
10 Day Low50.59
20 Day High54.01
20 Day Low45.29
52 Week High54.01
52 Week Low32
Performance
1 Week-1.1%
2 Weeks2.57%
1 Month14.67%
3 Month46.42%
6 Month22.48%
12 Month40.59%
2 Year10.24%
3 Year7.68%
5 Year-24.21%
10 Year-11.4%
15 Year599.67%
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)-0.02
RSI(14)64.2
LBB48.11
UBB55.11
ALK Daily chart

ALASKA AIR GROUP INC

NYSE:ALK (11/21/2024, 8:11:50 PM)

After market: 53 +0.7 (+1.34%)

52.3

-0.84 (-1.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-1.58%
1 Week-1.1%
2 Weeks2.57%
1 Month14.67%
3 Month46.42%
6 Month22.48%
12 Month40.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.52
ATR(20)%2.9%
ATR Inc
Range Today1.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High54.01
10 Day Low50.59
20 Day High54.01
20 Day Low45.29
52 Week High54.01
52 Week Low32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.23M
Volume Incr-18.14%
Vol(5)1.84M
Vol(50)2.41M