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Airlines Industry Stocks Technical Analysis - ALK

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- 4/17/2025 -
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Alaska Air Group Inc (ALK) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range oversoldLane's Stochastic is strongly oversold
Daily :Trend support at 48.08
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It was the negative week for the Alaska Air Group Inc (ALK). During the week, the ALK dropped -0.58 points, or -1.27%, and closed at 45.18 on Thursday, April 17, 2025. Weekly volume was 14% above average.

Long-term trend: [See ALK long-term trend chart]
A long-term downtrend had started on March 1, 2017 at 101.43 and reached 20.02 on March 18, 2020. ALK lost 81.41 points, or 80.26%, in 159 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 35.04 and resistance is at 47.57. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle 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 40.19 on April 8, 2025. ALK lost 37.89 points, or 48.53%, in 6 weeks. The price is now at the 13.17% retracement level.

Weekly Technical Indicators: [See ALK weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Williams' Percentage Range or strongly oversold weekly Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since March 7, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 April 8, 2025 at 40.19 and reached 50.89 on April 9, 2025. ALK gained -10.70 points, or -26.62%, in 1 days. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend support (48.08) line. The support is usually stronger when technical indicators are oversold. 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 support line in a short-term trend.

Daily Technical Indicators: [See ALK daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since April 8, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.21
Williams' Percentage Range (W%R) 74.20
Lane's Stochastic (%D-Slow) 47.03
Greed/Fear Indicator (GFI) 38.36
Moving Average Converg./Diverg. (MACD) -4.15
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 26.40
Williams' Percentage Range (W%R) 89.70
Oversold
Lane's Stochastic (%D-Slow) 9.54
Strong Oversold
Greed/Fear Indicator (GFI) 19.72
Oversold
Moving Average Converg./Diverg. (MACD) 3.80
Trading Signals
Description Value Chart
50 Day Moving Average 58.96
Upper Bollinger Band 56.51
20 Day Moving Average 48.17
Weekly Trendline Support 48.08
Yearly Trendline Resistance 47.57
Price 45.18
Daily Stochastic Crossing 45.13
Weekly Trendline Resistance 45.00
Weekly Stochastic Crossing 43.59
Parabolic System 42.13
Lower Bollinger Band 40.91
Sector and Industry
Description Name Rank
Sector Industrials 5
Industry Airlines 15
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 46.96
High Date 04/15/2025
Low 43.63
Low Date 04/16/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Test Support
Resistance 45.00
Support 48.08
Low 40.19
Low Date 04/08/2025
High 50.89
High Date 04/09/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 78.08
High Date 02/19/2025
Low 40.19
Low Date 04/08/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 30.75
Low Date 11/01/2023
High 78.08
High Date 02/19/2025
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Valid
Resistance 47.57
Support 35.04
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.