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Airlines Industry Stocks Technical Analysis - ALK

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- 3/6/2026 -
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Alaska Air Group Inc (ALK) Technical Analysis

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Summary:
Weekly :Overbought sector
Daily :The price has fallen below the Parabolic SARLane's Stochastic oversoldWilliams' Percentage Range is strongly oversold
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It was the negative week for the Alaska Air Group Inc (ALK). During the week, the ALK dropped -9.30 points, or -18.02%, and closed at 42.30 on Friday, March 6, 2026. Weekly volume was 60% above average.

ALK is a member of Industrials Sector. Industrials is the second 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 37.64 and resistance is at 79.11. 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 37.63 on November 20, 2025. ALK lost 40.45 points, or 51.81%, in 39 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 36.58 and resistance is at 55.57. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling 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 December 12, 2025. The distance between MACD and the signal line is low and getting smaller. 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 February 9, 2026 at 60.63 and reached 41.82 on March 6, 2026. ALK lost 18.81 points, or 31.02%, in 25 days. Price is near the trend low.

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

The daily MACD line is below its signal line since February 17, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 25.83
Williams' Percentage Range (W%R) 96.30
Strong Oversold
Lane's Stochastic (%D-Slow) 15.59
Oversold
Greed/Fear Indicator (GFI) 15.03
Oversold
Moving Average Converg./Diverg. (MACD) -0.39
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.26
Williams' Percentage Range (W%R) 78.80
Lane's Stochastic (%D-Slow) 58.64
Greed/Fear Indicator (GFI) 41.85
Moving Average Converg./Diverg. (MACD) -0.13
Trading Signals
Description Value Chart
Upper Bollinger Band 60.41
Parabolic System 53.93
20 Day Moving Average 53.21
50 Day Moving Average 51.78
Weekly Stochastic Crossing 51.37
Daily Stochastic Crossing 43.82
Price 42.30
Lower Bollinger Band 41.65
Yearly Trendline Support 37.64
Quarterly Trendline Support 36.58
Sector and Industry
Description Name Rank
Sector Industrials 8
Industry Airlines 24
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 56.43
High Date 02/26/2026
Low 41.82
Low Date 03/06/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 60.63
High Date 02/09/2026
Low 41.82
Low Date 03/06/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 63.83
Support 54.89
Low 37.63
Low Date 11/20/2025
High 60.63
High Date 02/09/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 55.57
Support 36.58
High 78.08
High Date 02/19/2025
Low 37.63
Low Date 11/20/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 79.11
Support 37.64
Low 20.02
Low Date 03/18/2020
High 78.08
High Date 02/19/2025
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.