Weaker Buy Today ALGT ranks #1528 as BUY CANDIDATE. Stronger Buy
Today ALGT ranks #1528 as BUY CANDIDATE.

ALGT stock Allegiant Travel Company

ALGT stock
Allegiant Travel Company

April 24, 2019
Change 0.76%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Hold

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will ALGT stock price go up or down on Thu, 25 Apr 2019?

Allegiant Travel Company Forecast and Stock Analysis

Technical ALGT stock analysis for April 24, 2019.

Buy candidate since 2019-04-17 Loss -0.39%
Shorts n/a
Cash n/a
Loans n/a
Beta 0.87
ROA 6.97

Allegiant Travel Company gained 0.76% in the last trading day, rising from $132.13 to $133.13 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has fallen in 6 of the last 10 days and is down by -0.55% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 80 110 more shares were traded than the day before. In total, 213 322 shares bought and sold for approximately $28.40 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the ALGT stock was $133.13. This is 0.76% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 2.78% from a day low at $130.53 to a day high of $134.15.

30 day high of the ALGT stock price was $139.15 and low was $120.91.
90 day high was $142.97 and low was $119.94.
52 week high for the Allegiant Travel Company - $165.00 and low - $98.18.

Trend

Given the current horizontal trend you can expect Allegiant Travel Company with 90% probability to be traded between $119.94 and $138.48 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. Allegiant Travel Company holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $132.55 and $130.07. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday April 22, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 47 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Allegiant Travel Company finds support from accumulated volume at $130.00.

Support: $130.00 Price: $133.13 Resistance: $133.28

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $3.63 (2.78%) between high and low. For the last week, the stock has had a daily average volatility of 2.52%.

Our recommended stoploss: $125.65 (-5.62%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Weaker Buy Today ALGT ranks #1528 as BUY CANDIDATE. Stronger Buy
Today ALGT ranks #1528 as BUY CANDIDATE.