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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 1/2/2026 -
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Alaska Air Group Inc (ALK) Technical Analysis

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Summary:
Weekly :Overbought sector
Daily :Daily  MACD line has moved below its signal lineLane's Stochastic is oversoldThe period of low volatility of the stock price
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It was a first positive week for the Alaska Air Group Inc (ALK). During the week, the ALK climbed 0.03 points, or 0.06%, and closed at 51.52 on Friday, January 2, 2026. Weekly volume was -51% 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 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 37.13 and resistance is at 78.94. 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 37.22 and resistance is at 59.26. 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, but getting bigger. 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 December 12, 2025 at 53.88 and reached 49.72 on December 30, 2025. ALK lost 4.16 points, or 7.72%, in 18 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 49.32 and resistance is at 53.53. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See ALK daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold 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 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.

The distance between the Bollinger Bands is falling, and it was 10.56% on Friday. It is 52.70% 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) 45.30
Williams' Percentage Range (W%R) 36.60
Lane's Stochastic (%D-Slow) 19.89
Oversold
Greed/Fear Indicator (GFI) 42.87
Moving Average Converg./Diverg. (MACD) 1.80
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.19
Williams' Percentage Range (W%R) 54.00
Lane's Stochastic (%D-Slow) 75.33
Greed/Fear Indicator (GFI) 57.82
Moving Average Converg./Diverg. (MACD) -1.90
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 59.26
Weekly Trendline Resistance 53.53
Upper Bollinger Band 52.57
Parabolic System 52.19
Price 51.52
Weekly Stochastic Crossing 51.40
20 Day Moving Average 51.03
Daily Stochastic Crossing 50.45
Weekly Trendline Support 49.32
Lower Bollinger Band 47.12
50 Day Moving Average 45.63
Sector and Industry
Description Name Rank
Sector Industrials 11
Industry Airlines 109
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 49.72
Low Date 12/30/2025
High 52.08
High Date 01/02/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 53.53
Support 49.32
High 53.88
High Date 12/12/2025
Low 49.72
Low Date 12/30/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 37.63
Low Date 11/20/2025
High 53.88
High Date 12/12/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 59.26
Support 37.22
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 78.94
Support 37.13
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.