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Relatively Good Performance Detected in Shares of Jetblue Airways in the Airlines Industry (JBLU , LUV , SAVE , AAL , ALK )

By James Quinn

We looked at the Airlines industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Jetblue Airways (NASDAQ:JBLU ) ranks first with a gain of 3.34%; Southwest Air (NYSE:LUV ) ranks second with a gain of 2.49%; and Spirit Airlines (NYSE:SAVE ) ranks third with a gain of 2.30%.

American Airline (NASDAQ:AAL ) follows with a gain of 2.20% and Alaska Air Group (NYSE:ALK ) rounds out the top five with a gain of 1.29%.

SmarTrend recommended that its subscribers protect gains by selling shares of Spirit Airlines on July 25th, 2019 by issuing a Downtrend alert when the shares were trading at $44.33. Since that call, shares of Spirit Airlines have fallen 14.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance JetBlue Airways southwest air spirit airlines american airline alaska air group

Ticker(s): JBLU LUV SAVE AAL ALK