Stocks Generating Improved Relative Strength: Alaska Air

On Tuesday, Alaska Air (ALK) got an upgrade to its Relative Strength (RS) Rating, from 63 to 77.


When you’re researching the best stocks to buy and watch, be sure to pay attention to relative price strength.

IBD’s proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock’s price action over the last 52 weeks compares to the rest of the market.

History reveals that the market’s biggest winners typically have an RS Rating north of 80 as they launch their largest runs. See if Alaska Air can continue to show renewed price strength and hit that benchmark.

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Alaska Air is trying to complete a consolidation with a 74.35 entry. See if the stock can break out in volume at least 40% above average.

Earnings grew 91% last quarter, up from 0% in the prior report. Revenue also increased, from -51% to 263%.

Alaska Air earns the No. 4 rank among its peers in the Transportation-Airline industry group. American Airlines (AAL) and Alaska Air (ALK) are also among the group’s highest-rated stocks.


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