77.58 USD
+5.07 (+6.99%)
77.58 USD
0 (0%)
Overall ALGT gets a technical rating of 8 out of 10. Although ALGT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month ALGT has a been trading in the 57.11 - 78.27 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ALGT is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ALGT is part of the Passenger Airlines industry. There are 22 other stocks in this industry, ALGT did better than 66% of them.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ALGT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
52.08
78.36
We found 5 important support areas.
- A support zone ranging from 65.40 to 66.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @63.02 from a trend line in the daily time frame.
- Support @60.43 from a trend line in the daily time frame.
- Support @59.26 from a horizontal line in the daily time frame.
- Support @52.61 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ALGT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALGT is up. |
| ChartMill Relative Strength | 73.61 | POSITIVE | ALGT has a high relative strength, it outperformed 73.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALGT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALGT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ALGT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.85 | NEUTRAL | The RSI value for ALGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.91 | POSITIVE | The MACD value suggests ALGT has a positive trend. |
| Stochastics (14,3) | 82.37 | OVERBOUGHT | The high Stochastics value suggests ALGT may be overbought. |
| Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for ALGT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.14 | NEGATIVE | The low ADX value for ALGT suggests a weak or negative trend. |
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)
77.58
+5.07 (+6.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg6.99%
1 Week25.33%
2 Weeks12.32%
1 Month24.27%
3 Month23.81%
6 Month39.58%
12 Month-5.21%
2 Year13.27%
3 Year-6.09%
5 Year-54.42%
10 Year-55.7%
15 Year55.38%
Volatility
ATR(14)4.16
ATR(20)%5.79%
ATR Inc40.76%
Range Today6.66
ADR(20)4.34
ADR(20)%5.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.61
3 months CRS90.59
6 months CRS87.24
Mansfield0.64
10 Day High78.27
10 Day Low61.36
20 Day High78.27
20 Day Low57.11
52 Week High107.57
52 Week Low39.8
CS1 End66.68
CR1 StartN/A
Volume & EV
DER(3)0.67%
DER(5)0.64%
Volume490.30K
Volume Incr15.89%
Vol(5)385.86K
Vol(50)326.33K
ALLEGIANT TRAVEL CO / ALGT FAQ
Can you provide the ChartMill technical rating for ALLEGIANT TRAVEL CO?
ChartMill assigns a technical rating of 8 / 10 to ALGT.
What is the current trend direction of ALLEGIANT TRAVEL CO (ALGT) stock?
The current trend direction for ALLEGIANT TRAVEL CO (ALGT) is Bullish.
What is the RSI signal for ALGT stock?
ALLEGIANT TRAVEL CO (ALGT) has an RSI value of 66.8487. This indicates that the stock is currently neutral.
What is the short term momentum for ALGT stock?
The short term momentum for ALLEGIANT TRAVEL CO (ALGT) is positive.
What is the buy/sell signal for ALLEGIANT TRAVEL CO (ALGT) stock?
The buy/sell signal for ALLEGIANT TRAVEL CO (ALGT) is buy as both the short term and long term trends are positive.