Is ALK Worth Buying in 2026?

Alaska Air Group, Inc.

STOCK AIR TRANSPORTATION, SCHEDULED Updated 2026-06-07

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: Caution.

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Caution

Positives: above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+2.88% over 10 days). Concerns: trading below the 200-day MA (long-term downtrend); weak 1-year return of -15.6%. Currently 35.0% off its 52-week high. Score: -1/7.

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ALK is trading below its 200-day MA ($47.34) — a key warning sign the longer-term trend is under pressure. An RSI of 66.7 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -15.6% compares to +24.4% for SPY (trailed the market by 39.9%). The current 35.0% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $8,444 today
vs. S&P 500 (SPY) — same period trailed market by 39.9%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($47.34)
Above 50-day MA ($40.29)
RSI(14) neutral zone (30–70) — currently 66.7
Positive return (-15.6%)
!Within 10% of period high (−35.0%)
Period Range $42.82
$33.03 $65.88
RSI (14) 66.7
0 · OversoldOverbought · 100

Key Metrics

Price$42.82
Period Return-15.6%
Period High$65.88
Period Low$33.03
Drawdown−35.0%
MA-50$40.29
MA-200$47.34
RSI (14)66.7
Avg Volume (30d)3.3M
vs. SPYtrailed by 39.9%
Return Rank#848 of 1245

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