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Downtrend Broken Resist.Archive
- 5/2/2025 -
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Alaska Air Group Inc (ALK) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the Alaska Air Group Inc (ALK). During the week, the ALK gained 5.08 points, or 12.12%, and closed at 46.99 on Friday, May 2, 2025. It was the best weekly gain since December 13, 2024. Weekly volume was 57% above average.
ALK is a member of Airlines Industry. Airlines is the ninth most oversold industry. 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 downtrend had started on March 1, 2017 at 101.43 and reached 20.02 on March 18, 2020. ALK lost 81.41 points, or 80.26%, in 159 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (47.31). The resistance is usually stronger when technical indicators are overbought. 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 resistance 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 39.79 on April 24, 2025. ALK lost 38.29 points, or 49.04%, in 9 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (39.57) is broken. A broken support is considered to be a long-term bullish signal. 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 Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since March 7, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 April 24, 2025 at 39.79 and reached 47.90 on May 2, 2025. ALK gained -8.11 points, or -20.38%, in 8 days. The price is now at the 11.22% retracement level.
 Daily Technical Indicators: [See ALK daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since April 8, 2025. This is an indication that the short-term trend is up.
During the last week, the price has moved above 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.
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