| Symbol:
|
|
|
|
• Symbol Lookup |
|
• View Technical Chart |
|
• Add to Watch List |
|
• Candlestick Patterns |
|
• Stock
Technical Indicators |
|
• Stock Trends Analysis |
|
• Market Sector Rank |
|
• Stock Trading
Signals |
|
| Relative Strength Index (RSI Indicator) |
| The Relative Strength Index is a popular momentum oscillator, developed by Welles Wilder, Jr. It is one of the most widely used technical indicators. Relative Strength Index compares upward vs. downward movements in closing over a selected period. The RSI Indicator fluctuates from 0% to 100%. A stock with RSI Indicator higher than 70% is considered overbought and lower than 30% - oversold. A good rule is to adjust overbought/oversold index range to 80% in bull and to 20% in bear markets. Relative Strength Index can provide an early warning, but not the final signal. It should be used in conjunction with other stock picking techniques. The divergence between RSI Indicator and underlying stock price is the most important signal provided by RSI, and it can be an indication of an impending reversal. Using the RSI divergence (bullish and bearish), chart patterns, trendlines, support, and resistance lines along with the RSI Indicator chart can be very useful. |
Relative strength index- rsi indicator and overbought oversold index. |
relative strength index,relative strength,overbought oversold index,rsi indicator |
RSI divergence - Bullish Bearish. |
rsi divergence,Bullish,Bearish,bullish stocks,Bullish Divergence,Bearish Divergence,stock market |
|
|
|
|
|
|
Alaska Air Group Inc (ALK) |
 |
| Summary:
| | Weekly :   | | Daily :
Move cursor over the icon to see details.
| | It was a second positive week after 3 consecutive negative weeks for the Alaska Air Group Inc (ALK). During the week, the ALK gained 0.58 points, or 1.30%, and closed at 45.10 on Friday, May 26, 2023. Weekly volume was -22% 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 downtrend had started on February 3, 2023 at 53.96 and reached 37.19 on March 24, 2023. ALK lost 16.77 points, or 31.08%, in 7 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (17.21) 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 March 24, 2023 at 37.19 and reached 45.81 on May 23, 2023. ALK gained -8.62 points, or -23.18%, in 8 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 43.69 and resistance is at 45.82. 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 medium-term trend.
 Weekly Technical Indicators: [See ALK weekly technical indicators chart]
Weekly technical indicators are neutral.
During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 May 24, 2023 at 43.35 and reached 45.76 on May 26, 2023. ALK gained -2.41 points, or -5.56%, in 2 days. The price is now at the 27.39% 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. 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 daily MACD line is above its signal line since May 16, 2023. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
| |
|
|