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Airlines Industry Stocks Technical Analysis - ALKArchive - 2/6/2026 - Sign In to see current Signals. |
Alaska Air Group Inc (ALK) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Alaska Air Group Inc (ALK). During the week, the ALK gained 8.62 points, or 16.96%, and closed at 59.45 on Friday, February 6, 2026. Weekly volume was 25% above average. ALK is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See ALK long-term trend chart] A long-term uptrend had started on March 18, 2020 at 20.02 and reached 78.08 on February 19, 2025. ALK gained -58.06 points, or -290.01%, in 257 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 37.41 and resistance is at 79.04. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See ALK medium-term trend chart] A medium-term downtrend had started on February 19, 2025 at 78.08 and reached 37.63 on November 20, 2025. ALK lost 40.45 points, or 51.81%, in 39 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (36.86) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. ALK may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See ALK weekly technical indicators chart] Weekly Relative Strength Index and Williams' Percentage Range are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since December 12, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See ALK short-term trend chart] A short-term uptrend had started on January 14, 2026 at 46.38 and reached 60.08 on February 6, 2026. ALK gained -13.70 points, or -29.54%, in 23 days. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (51.64) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See ALK daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since January 26, 2026. This is an indication that the short-term trend is up. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Industrials |
10 |
| Industry |
Airlines |
76 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
50.00 |
| Low Date |
01/30/2026 |
| High |
60.08 |
| High Date |
02/06/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Broken Resistance |
| Resistance |
57.17 |
| Support |
51.64 |
| Low |
46.38 |
| Low Date |
01/14/2026 |
| High |
60.08 |
| High Date |
02/06/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
37.63 |
| Low Date |
11/20/2025 |
| High |
60.08 |
| High Date |
02/06/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Broken Resistance |
| Resistance |
57.20 |
| Support |
36.86 |
| High |
78.08 |
| High Date |
02/19/2025 |
| Low |
37.63 |
| Low Date |
11/20/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Valid |
| Resistance |
79.04 |
| Support |
37.41 |
| Low |
20.02 |
| Low Date |
03/18/2020 |
| High |
78.08 |
| High Date |
02/19/2025 |
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