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Alaska Air Group Bearish Moving Average Crossover Alert (ALK)

By Nick Russo

Today, shares of Alaska Air Group (NYSE:ALK) have fallen below their 10-day MA of $74.76 on a volume of 251K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Alaska Air Group have traded between a low of $54.51 and a high of $101.43 and are now at $73.90, which is 36% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of Alaska Air Group on July 21st, 2017 by issuing a Downtrend alert when the shares were trading at $88.63. Since that call, shares of Alaska Air Group have fallen 15.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses alaska air group

Ticker(s): ALK