Alaska Air Group, Inc.
Here’s whether Alaska Air Group, Inc. (ALK) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: above the 50-day MA (medium-term momentum positive). Concerns: trading below the 200-day MA (long-term downtrend); 50-day MA is falling (-4.88% over 10 days); RSI 73 — overbought, elevated pullback risk; 3-month momentum negative (-9.3%). Currently 31.1% off its 52-week high. Score: -4/7.
ALK is trading below its 200-day MA ($49.44) — a key warning sign the longer-term trend is under pressure. With an RSI of 73.5, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of +1.7% compares to +35.1% for SPY (trailed the market by 33.4%). The current 31.1% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.