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

By David Diaz

Alaska Air Group (NYSE:ALK) crossed under its 10-day moving average of $61.44 on a volume of 679K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Alaska Air Group share prices have been bracketed by a low of $57.53 and a high of $95.75 and are now at $59.97, 4% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.3%.

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