The Greedy Trader Weekly Analysis
Sign In Jun 2, 2023
Skip Navigation Links
TA Search
Daily D%-Slow:< 20
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
Lane's Stochastic (%D-Slow)
The Lane's Stochastic indicator developed by George Lane is one of the most useful and widely used momentum oscillators in technical analysis. Lane's Stochastic oscillator uses four indicators to combine relative strength with moving average methods. %K is an un-smoothed RSI. %D is a moving average of %K (fast stochastic). %D-Slow is a longer term moving average of %K, and finally %D-Slow (slow stochastic) Moving Avg. is another moving average. Like other overbought oversold oscillators, they are normalized within a scale of 0 to 100. Buy/sell signals are generated by %D stochastic crossover with its moving average above 80%, for overvalued, or below 20%, for undervalued stocks. The divergence between price and indicator is the most important buy/sell stocks trading signal. Lane's Stochastic bullish divergence/bearish divergence should be considered together with other stock market trading alerts, trading indicator and technical trading techniques.
Stochastic oscillator - undervalued stocks and overbought oversold oscillator.
stochastic oscillator,overbought oversold oscillator,undervalued stocks
Lane's Stochastic Divergence - Bullish Divergence and Bearish Divergence.
Lane's Stochastic Divergence,Bullish Divergence,Bearish Divergence
Stochastic oscillator - Lane's Stochastic crossover as stocks trading alerts. Technical investment analysis - technical analysis stock stochastic screening, slow stochastic and fast stochastic, bullish and bearish stock market technical indicator.
stochastic oscillator,Lane's Stochastic,stochastic crossover,stocks trading alerts,technical analysis,screen stochastic,trading indicator,technical analysis stock screen, technical indicator,technical investment analysis,stochastics, bulls, bears, bullish, bearish, market, stock market,slow stochastic,fast stochastic,Lane&'s Stochastic Divergence

Alaska Air Group Inc (ALK)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorWeekly  MACD line has moved above its signal lineBroken trend resistance line
Daily :Williams' Percentage Range is overbought
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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.45
Williams' Percentage Range (W%R) 12.40
Overbought
Lane's Stochastic (%D-Slow) 72.12
Greed/Fear Indicator (GFI) 73.06
Moving Average Converg./Diverg. (MACD) 0.38
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.64
Williams' Percentage Range (W%R) 51.60
Lane's Stochastic (%D-Slow) 63.34
Greed/Fear Indicator (GFI) 52.74
Moving Average Converg./Diverg. (MACD) -0.71
Trading Signals
Description Value Chart
Upper Bollinger Band 45.88
Weekly Trendline Resistance 45.82
Price 45.10
Daily Stochastic Crossing 44.99
Weekly Stochastic Crossing 44.33
20 Day Moving Average 43.83
Parabolic System 43.78
Weekly Trendline Support 43.69
50 Day Moving Average 42.52
Lower Bollinger Band 42.11
Monthly Trendline Resistance 39.68
Sector and Industry
Description Name Rank
Sector Industrials 9
Industry Airlines 66
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 43.35
Low Date 05/24/2023
High 45.76
High Date 05/26/2023
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 45.82
Support 43.69
Low 37.19
Low Date 03/24/2023
High 45.81
High Date 05/23/2023
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 39.68
Support 17.21
High 53.96
High Date 02/03/2023
Low 37.19
Low Date 03/24/2023
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 74.25
High Date 04/07/2021
Low 37.19
Low Date 03/24/2023
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 101.43
High Date 03/01/2017
Low 20.02
Low Date 03/18/2020
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.

Copyright© 2004- All rights reserved.