How Stochastic %D predicts the worthiness of Alaska Air Group, Inc. (NYSE:ALK)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Alaska Air Group, Inc. (NYSE:ALK) for the period of 9-Day stands at 16.85% while the stochastic %D for the same period stands at 11.46%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Alaska Air Group, Inc. (NYSE:ALK) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Alaska Air Group, Inc. (NYSE:ALK) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Alaska Air Group, Inc. (NYSE:ALK)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Alaska Air Group, Inc. is a holding company and has two principal subsidiaries: Alaska Airlines, Inc. and Horizon Air Industries, Inc.   Both subsidiaries operate as airlines.  However, each subsidiary’s business plan, competition and economic risks differ substantially.  Alaska is a major airline, operates an all jet fleet, and its average passenger trip length is 833 miles.  Horizon is a regional airline, operates jet and turboprop aircraft, and its average passenger trip is 231 miles.  Alaska Airlines, together with Virgin America and its regional partners, flies 40 million guests a year to 118 destinations with an average of 1,200 daily flights across the United States and to Mexico, Canada, Costa Rica and Cuba.  The company transports more than 170 million pounds of cargo annually -including sea food, mail and freight – and operates the most extensive air cargo operation on the U.S. West Coast of any passenger airline.

Previous Day Activity Analysis

On the last trading day, Alaska Air Group, Inc. (NYSE:ALK) opened the session at $62.17 and after going up 0.06% closed at $62.42. The stock gained 0.25 points in the last trade.

Alaska Air Group, Inc. (NYSE:ALK)’s stock fluctuated in the range of $61.99 and $63.00 during the previous active session. Alaska Air Group, Inc. (NYSE:ALK) traded with the volume of 1.67 Million with average volume of 1.81 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 1.04 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.95 and 22.58 respectively.

Currently the Insider Ownership of the shares of Alaska Air Group, Inc. (NYSE:ALK) is at 0.4% and the shares outstanding are 122.97 Million.

Important Ratio Analysis

Some important ratios to consider here for Alaska Air Group, Inc. (NYSE:ALK) are discussed below:

Dividend yield of Alaska Air Group, Inc. (NYSE:ALK) stands at 1.92% whereas Price to Earnings P/E ratio stands at 10.01 while Forward P/E shows the value of 9.71.

The PEG ratio (Price to Earning to Growth) emits the value of 2.63. The Price to Sale P/S and Price to Book P/B shows the value of 1.02 and 2.21 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 4.41 and 5.89 correspondingly.

The Quick Ratio of Alaska Air Group, Inc. (NYSE:ALK) stands at 0.8 while the Current Ratio depicts the value of 0.8.

Return on Assets ROA of Alaska Air Group, Inc. (NYSE:ALK) is at 7.4% whereas, Return on Equity ROE and Return of Investment ROI of Alaska Air Group, Inc. (NYSE:ALK) stand at 24.4% and 13.9% respectively.

The payout ratio of Alaska Air Group, Inc. (NYSE:ALK) stands at 18.7%.

Stock Performance Analysis

The stock performance of Alaska Air Group, Inc. (NYSE:ALK) on the basis of 5 day trade show the dip of -1.93% whereas, the monthly performance of the stock shows decrease of -22.36%.

The quarterly performance of the stock remained in red zone with the value of -26.64% while six month performance of the shares of Alaska Air Group, Inc. (NYSE:ALK) remained bearish with the count of -26.45%.

The yearly and YTD performance of Alaska Air Group, Inc. (NYSE:ALK) remained down at -16.74% and -29.65% respectively.