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Downtrend Broken Resist.Archive - 1/30/2026 - 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 the negative week for the Alaska Air Group Inc (ALK). During the week, the ALK gave back -0.04 points, or -0.08%, and closed at 50.83 on Friday, January 30, 2026. Weekly volume was 53% 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 37.35 and resistance is at 79.02. 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 September 12, 2025 at 65.88 and reached 37.63 on November 20, 2025. ALK lost 28.25 points, or 42.88%, in 9 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (49.05) 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 technical indicators are neutral. 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 November 20, 2025 at 37.63 and reached 53.88 on December 12, 2025. ALK gained -16.25 points, or -43.18%, in 22 days. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 44.68 and resistance is at 53.46. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a short-term trend.
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. 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. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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