The Greedy Trader Weekly Analysis
Sign In May 17, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 5/10/2019
Sign In to see current Signals.
Alaska Air Group Inc
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Stochastic has declined below the signal lineDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARThe period of low volatility of the stock price
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 dropped -1.21 points, or -1.94%, and closed at 61.27 on Friday, May 10, 2019. It was the worst weekly loss since March 22, 2019. Weekly volume was -50% below average.

Long-term trend: [See ALK long-term trend chart]
A long-term downtrend had started on November 29, 2018 at 74.83 and reached 53.39 on March 25, 2019. ALK lost 21.44 points, or 28.65%, in 16 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (51.06) is broken. A broken support is considered to be a long-term bullish signal. 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 25, 2019 at 53.39 and reached 63.26 on May 3, 2019. ALK gained -9.87 points, or -18.49%, in 5 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 60.68 and resistance is at 63.79. 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.

The weekly MACD line is above its signal line since April 26, 2019. 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 downtrend had started on May 3, 2019 at 63.26 and reached 59.30 on May 10, 2019. ALK lost 3.96 points, or 6.26%, in 7 days. The price is now at the 49.75% retracement level.

Daily Technical Indicators: [See ALK daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. 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 Lane's Stochastic help.

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

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The distance between the Bollinger Bands is falling, and it was 5.42% on Friday. It is 57.44% lower than one year average. It indicates the period of low volatility of the stock price. 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) 55.43
Williams' Percentage Range (W%R) 60.90
Lane's Stochastic (%D-Slow) 50.16
Greed/Fear Indicator (GFI) 48.24
Moving Average Converg./Diverg. (MACD) 0.80
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.02
Williams' Percentage Range (W%R) 52.10
Lane's Stochastic (%D-Slow) 63.02
Greed/Fear Indicator (GFI) 51.43
Moving Average Converg./Diverg. (MACD) -1.45
Trading Signals
Description Value Chart
Monthly Trendline Resistance 63.79
Parabolic System 63.16
Upper Bollinger Band 62.30
Price 61.27
20 Day Moving Average 61.07
Daily Stochastic Crossing 61.00
Monthly Trendline Support 60.68
Weekly Stochastic Crossing 60.26
Lower Bollinger Band 58.98
Quarterly Trendline Resistance 58.69
50 Day Moving Average 58.38
Quarterly Trendline Support 51.06
Sector and Industry
Description Name Rank
Sector Services 7
Industry Regional Airlines 40
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 63.26
High Date 05/03/2019
Low 59.30
Low Date 05/10/2019
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 63.26
High Date 05/03/2019
Low 59.30
Low Date 05/10/2019
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 63.79
Support 60.68
Low 53.39
Low Date 03/25/2019
High 63.26
High Date 05/03/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 58.69
Support 51.06
High 74.83
High Date 11/29/2018
Low 53.39
Low Date 03/25/2019
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 101.43
High Date 03/01/2017
Low 53.39
Low Date 03/25/2019
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© 2004-2018 All rights reserved.