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Airlines Industry Stocks Technical Analysis - ALK

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- 5/15/2026 -
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Alaska Air Group Inc (ALK) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is oversoldTrend support at 38.21Trend support at 35.85
Daily :Daily  MACD line has moved below its signal linePrice has crossed below the 50 Day Moving AverageWilliams' Percentage Range is oversoldBroken trend support lineThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Alaska Air Group Inc (ALK). During the week, the ALK dropped -3.90 points, or -9.55%, and closed at 36.94 on Friday, May 15, 2026. It was the worst weekly loss since March 13, 2026. Weekly volume was -25% below average.

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 price is near the trend support (38.21) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line 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 33.03 on March 30, 2026. ALK lost 45.05 points, or 57.70%, in 57 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend support (35.85) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See ALK weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Williams' Percentage Range help.

The weekly MACD line is below its signal line since March 6, 2026. This is an indication that the medium-term trend is down. 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 March 30, 2026 at 33.03 and reached 47.30 on April 17, 2026. ALK gained -14.27 points, or -43.20%, in 18 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (37.65) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. ALK may retest the broken support line. It is considered to be a resistance 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 support in a short-term trend.

Daily Technical Indicators: [See ALK daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.39
Williams' Percentage Range (W%R) 87.90
Oversold
Lane's Stochastic (%D-Slow) 31.49
Greed/Fear Indicator (GFI) 26.64
Moving Average Converg./Diverg. (MACD) -0.54
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 25.30
Williams' Percentage Range (W%R) 83.90
Oversold
Lane's Stochastic (%D-Slow) 34.77
Greed/Fear Indicator (GFI) 30.20
Moving Average Converg./Diverg. (MACD) -2.39
Trading Signals
Description Value Chart
Upper Bollinger Band 42.63
Monthly Trendline Resistance 40.75
Weekly Trendline Resistance 39.87
20 Day Moving Average 39.68
50 Day Moving Average 39.46
Parabolic System 39.45
Daily Stochastic Crossing 38.34
Yearly Trendline Support 38.21
Weekly Stochastic Crossing 38.01
Monthly Trendline Support 37.65
Weekly Trendline Support 37.65
Price 36.94
Lower Bollinger Band 36.11
Quarterly Trendline Support 35.85
Sector and Industry
Description Name Rank
Sector Industrials 4
Industry Airlines 45
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 47.30
High Date 04/17/2026
Low 36.39
Low Date 05/04/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 39.87
Support 37.65
Low 33.03
Low Date 03/30/2026
High 47.30
High Date 04/17/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 40.75
Support 37.65
High 60.63
High Date 02/09/2026
Low 33.03
Low Date 03/30/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Test Support
Resistance 54.99
Support 35.85
High 78.08
High Date 02/19/2025
Low 33.03
Low Date 03/30/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Test Support
Resistance 79.31
Support 38.21
Low 20.02
Low Date 03/18/2020
High 78.08
High Date 02/19/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.