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Alaska Air Group Crosses Above its 10-day MA (ALK)

By James Quinn

Alaska Air Group (NYSE:ALK) shares have crossed bullishly above their 10-day moving average of $67.15 on a volume of 207K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Alaska Air Group has traded in a range of $54.51 to $87.17 and is now at $67.46, 24% above that low. The 200-day and 50-day moving averages have moved 0.13% lower and 0.3% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Alaska Air Group. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Alaska Air Group in search of a potential trend change.

Keywords: moving crosses alaska air group

Ticker(s): ALK