The Greedy Trader Weekly Analysis
Sign In Aug 22, 2025
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 8/15/2025 -
Sign In to see current Signals.

Alaska Air Group Inc (ALK) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorWilliams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Williams' Percentage Range is overboughtDaily  MACD line has moved above its signal lineThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a second consecutive positive week for the Alaska Air Group Inc (ALK). During the week, the ALK gained 5.08 points, or 9.72%, and closed at 57.36 on Friday, August 15, 2025. Weekly volume was -19% below average.

ALK is a member of Industrials Sector. Industrials is the second 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 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 Symmetric Triangle chart pattern. The downtrend resistance line (50.89) 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 long-term trend.

Medium-term trend: [See ALK medium-term trend chart]
A medium-term uptrend had started on April 24, 2025 at 39.79 and reached 58.08 on August 13, 2025. ALK gained -18.29 points, or -45.97%, in 15 weeks. Price is near the trend high.

Weekly Technical Indicators: [See ALK weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 above its signal line since July 18, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 June 23, 2025 at 45.48 and reached 58.08 on August 13, 2025. ALK gained -12.60 points, or -27.70%, in 51 days. The price is now at the 5.71% retracement level.

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

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

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.22
Williams' Percentage Range (W%R) 14.40
Overbought
Lane's Stochastic (%D-Slow) 77.82
Greed/Fear Indicator (GFI) 74.22
Moving Average Converg./Diverg. (MACD) 0.85
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.33
Williams' Percentage Range (W%R) 6.30
Strong Overbought
Lane's Stochastic (%D-Slow) 74.54
Greed/Fear Indicator (GFI) 74.09
Moving Average Converg./Diverg. (MACD) -0.88
Trading Signals
Description Value Chart
Upper Bollinger Band 57.77
Daily Stochastic Crossing 57.42
Price 57.36
Weekly Stochastic Crossing 55.03
20 Day Moving Average 53.67
50 Day Moving Average 51.62
Parabolic System 51.55
Monthly Trendline Support 50.89
Lower Bollinger Band 50.00
Sector and Industry
Description Name Rank
Sector Industrials 8
Industry Airlines 88
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 45.48
Low Date 06/23/2025
High 58.08
High Date 08/13/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 39.79
Low Date 04/24/2025
High 58.08
High Date 08/13/2025
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 31.19
Support 50.89
High 78.08
High Date 02/19/2025
Low 39.79
Low Date 04/24/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 30.75
Low Date 11/01/2023
High 78.08
High Date 02/19/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
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.