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Downtrend ResistanceArchive - 8/7/2026 - 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 third positive week after 3 consecutive negative weeks for the Alaska Air Group Inc (ALK). During the week, the ALK gained 2.51 points, or 5.29%, and closed at 49.96 on Friday, August 7, 2026. It was the best weekly gain since June 26, 2026. Weekly volume was -35% below 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 38.88 and resistance is at 79.53. 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 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 resistance line (50.86). 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 medium-term trend.
Weekly Technical Indicators: [See ALK weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 May 29, 2026. 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 July 22, 2026 at 41.45 and reached 53.62 on August 5, 2026. ALK gained -12.17 points, or -29.36%, in 14 days. The chart has formed a Rising Wedge chart pattern.
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 20 Day Moving Average 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.
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