Stock Analysis: Alaska Air Group Inc (ALK)

Stock Analysis for Alaska Air Group Inc (ALK)

The Interpreter
Hey Friend, I'm analysing ALASKA AIR GROUP INC (ALK), and it is between the Support of $ 41.17 (PivotS1) and the Resistance of $ 42.41 (Triangle Projection Level 2). The stock is also approaching the line of PivotS1 at $ 41.17, and if it goes below this line it could reach the next Support of 38.2% of Fibonacci at $ 38.88.

Alaska Air Group Inc (ALK)

$ 44.23 -1.9%

Last Close 24-Apr-24

Trade ALK Now

Supports

Next Support: $ 41.17

Pivot S1: $ 41.17
Fibonacci 38.2%: $ 38.88
Triangle Level (2): $ 30.45

Resistances

Next Resistance: $ 42.41

Pivot: $ 42.73
Fibonacci 0%: $ 42.63
Triangle Level (2): $ 42.41

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 02 Apr 2024	Sell Price: 42.06	Profit: Open Day1 ($ 42.00)	Abandoned Baby	Sell
002 05 Mar 2024	Buy Price: 37.21	Profit: Open Day1 ($ 37.32)	Engulfing	Buy
003 16 Feb 2024	Sell Price: 37.52	Loss: Close Day2 ($ 39.18)	Abandoned Baby	Sell
004 28 Dec 2023	Buy Price: 39.92	Loss: Close Day2 ($ 38.32)	Piercing Line	Buy
005 15 Dec 2023	Sell Price: 38.95	Profit: Open Day1 ($ 38.45)	Abandoned Baby	Sell
006 26 Oct 2023	Buy Price: 31.73	Profit: Open Day1 ($ 31.95)	Abandoned Baby	Buy
007 26 Oct 2023	Buy Price: 31.77	Profit: Open Day1 ($ 31.95)	Engulfing	Buy
008 23 Oct 2023	Buy Price: 32.56	Profit: Open Day1 ($ 32.59)	Abandoned Baby	Buy
009 16 Oct 2023	Buy Price: 34.30	Profit: Close Day1 ($ 34.45)	Abandoned Baby	Buy
010 11 Oct 2023	Sell Price: 34.55	Profit: Close Day1 ($ 33.64)	Engulfing	Sell
011 14 Aug 2023	Buy Price: 46.24	Loss: Close Day2 ($ 44.59)	Piercing Line	Buy
012 29 Jun 2023	Sell Price: 52.27	Loss: Close Day2 ($ 53.19)	Dark Cloud Cover	Sell
013 27 Apr 2023	Buy Price: 42.97	Profit: Open Day1 ($ 43.09)	Abandoned Baby	Buy
014One Year Average	Both Sides Result for 13 Signals	Loss: $ -3.55 ($ -0.27 / Signal) -9.2% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for ALK Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	44.66	SELL	2	44.53	SELL
3	44.95	SELL	3	44.59	SELL
5	44.86	SELL	5	44.39	SELL
8	43.60	BUY	8	43.97	BUY
13	43.10	BUY	13	43.37	BUY
21	42.69	BUY	21	42.57	BUY
34	41.05	BUY	34	41.55	BUY
55	39.70	BUY	55	40.46	BUY
90	38.79	BUY	90	39.62	BUY
200	39.42	BUY	200	40.00	BUY

Company Info +

Name & IPO

Alaska Air Group Inc
IPO: 1983-02-23

Stock Ticker & Exchange

Ticker: ALKIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: http://investor.alaskaair.com/
Phone:

Stock Type

Common Stock

SIC Office

Energy & Transportation ()

Industry

Air Transportation, Scheduled

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.