ALASKA AIR GROUP INC (ALK) Stock Technical Analysis
NYSE:ALK - New York Stock Exchange, Inc. - US0116591092 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ALK. ALK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ALK is a bad performer in the overall market: 73% of all stocks are doing better.
ALK has an average volume of 4030470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ALK is an average performer in the Passenger Airlines industry, it outperforms 63% of 23 stocks in the same industry.
ALK is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ALK has a been trading in the 39.79 - 50.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ALK is bad and it also does not present a 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
47.47
When analyzing the support we can see 4 important areas.
- A support zone ranging from 41.82 to 41.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.00 from a horizontal line in the daily time frame.
- Support @37.73 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 47.00 to 47.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.62
Mansfield-0.52
10 Day High49.15
10 Day Low39.79
20 Day High50.89
20 Day Low39.79
52 Week High78.08
52 Week Low32.62
Performance
1 Week12.12%
2 Weeks4.01%
1 Month2.29%
3 Month-35.85%
6 Month-4.55%
12 Month10.1%
2 Year4.58%
3 Year-2.63%
5 Year37.44%
10 Year-27.31%
15 Year302.48%
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)0.78
RSI(14)49.73
LBB41.42
UBB47.32
46.99
+2.59 (+5.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg5.83%
1 Week12.12%
2 Weeks4.01%
1 Month2.29%
3 Month-35.85%
6 Month-4.55%
12 Month10.1%
2 Year4.58%
3 Year-2.63%
5 Year37.44%
10 Year-27.31%
15 Year302.48%
Volatility
ATR(14)2.51
ATR(20)%7.19%
ATR Inc-14.02%
Range Today2.64
ADR(20)2.89
ADR(20)%6.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.62
Mansfield-0.52
10 Day High49.15
10 Day Low39.79
20 Day High50.89
20 Day Low39.79
52 Week High78.08
52 Week Low32.62
CS1 End41.9
CR1 Start47
Volume & EV
DER(3)-0.55%
DER(5)0.11%
Volume3.95M
Volume Incr-0.96%
Vol(5)3.97M
Vol(50)4.03M