Airlines Scan
Airlines Scan
Airlines in a synchronized momentum rip — every name up +24% to +36% over 30D, RSI clustered 62-69, all near 52-week highs. JETS ETF (RSI 66.8, only -1.1% from high) confirms the broad sector bid. ALK is the strongest 30D mover (+36.0%) but still -25.2% from high; DAL the cleanest leader (strong-up, golden cross, -3.7% from high). No oversold setups — entire group is extended.
Latest bar Thursday 2026-06-18 (Fri 06-19 Juneteenth, closed). UAL and LUV are 2d stale from yfinance throttle — flagged inline.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟠 Sector-wide melt-up — all 6 names +24-36% 30D, RSI 62-69, hugging 52wk highs. JETS ETF (RSI 66.8) confirms broad bid. Extended; nothing oversold |
| Key insight | DAL (RSI 62.8, strong-up, golden cross, -3.7% from high) is the cleanest trend-hold leader. AAL (+48.1% 3M, +32.6% 30D) and ALK (+36.0% 30D) lead on momentum but ALK still sits -25.2% from its high (most recovery room). No entry zones — hold, don't chase |
Price Table
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | 52wkHi% | Signal |
|---|---|---|---|---|---|---|---|---|
| LUV | $47.43 | 69.1 | +12.2% | +8.39% | +24.19% | +15.85% | -13.94% | 🔒 Hold (06-16, 2d stale) |
| AAL | $15.99 | 68.6 | +10.9% | +4.86% | +32.59% | +48.06% | -3.09% | 🔒 Hold |
| JETS | $31.00 | 66.8 | +7.7% | +1.64% | +24.95% | +25.56% | -1.05% | 🔒 Hold |
| UAL | $118.51 | 64.6 | +9.9% | +9.38% | +28.05% | +27.17% | -5.03% | 🔒 Hold (06-16, 2d stale) |
| ALK | $49.26 | 64.0 | +9.5% | +0.59% | +36.04% | +29.87% | -25.23% | 🔍 Watch |
| DAL | $84.18 | 62.8 | +4.5% | -0.07% | +24.23% | +29.83% | -3.67% | 🔒 Hold |
Tier Analysis
Strong-Up / Breakout (RSI 67-69):
LUV (RSI 69.1, strong-up, golden cross, +24.2% 30D — but pullback regime and still -13.9% from high), AAL (RSI 68.6, uptrend, +48.1% 3M, only -3.1% from high), and JETS (RSI 66.8, strong-up, golden cross, +25.6% 3M, basically at its high at -1.1%) lead the band. All three are extended; JETS pinned to its high is the purest "sector at the top" tell.
Uptrend / Hold (RSI 62-65):
UAL (RSI 64.6, +28.0% 30D, +9.4% 7D — the strongest near-term momentum, but deathCross flag and -5.0% from high), ALK (RSI 64.0, +36.0% 30D — highest 30D move but pullback regime and -25.2% from high, the deepest recovery room left), DAL (RSI 62.8, strong-up, golden cross, breakout regime, +26.8% vs SMA200, -3.7% from high — the cleanest structural leader). DAL is the only name in a textbook strong-up + golden-cross + near-high configuration.
Approaching Oversold: None. Lowest RSI is DAL at 62.8.
Entry Zones
| Stock | Price | RSI | 30D% | Setup |
|---|---|---|---|---|
| ALK | $49.26 | 64.0 | +36.04% | Most recovery room (-25.2% from high) but `pullback` regime + death cross below; wait for a pullback to SMA50 ($41.95) with RSI 40-45 rather than chasing the +36% rip |
| DAL | $84.18 | 62.8 | +24.23% | Cleanest trend-hold structure (strong-up, golden cross, +26.8% vs SMA200); on a pullback toward SMA20 ($80.58) it's the highest-quality re-entry |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔒 HOLD | DAL, JETS, AAL, UAL, LUV | Strong-up / uptrend, near 52wk highs — hold existing, don't initiate into extension |
| 🔍 WATCH | ALK | Highest 30D move but still -25.2% from high in pullback regime; watch for a clean SMA50 retest |
| ⚠️ AVOID | (chasing the whole group) | All RSI 62-69, +24-36% 30D — initiating here is buying extension, not a pullback |
What Changed
- Sector-wide synchronized rip — every name +24% to +36% over 30D; this is a coordinated airline-sector move, not single-name news
- JETS ETF pinned to its high (-1.1%, RSI 66.8) — the ETF confirms the bid is broad, not isolated
- AAL the momentum leader — +48.1% 3M, +32.6% 30D, now only -3.1% from its high
- ALK lags on recovery — biggest 30D mover (+36.0%) yet still -25.2% from high; the only name with meaningful room left, but pullback regime
- DAL the structural standout — only name with strong-up trend + golden cross + breakout regime simultaneously
The Gold
Key Discoveries
| Discovery | Implication |
|---|---|
| All 6 names +24-36% 30D, RSI 62-69, JETS at its high | Sector-level melt-up — coordinated bid, extended, no pullback entries |
| DAL = only strong-up + golden cross + breakout name | Cleanest trend-hold leader if the sector holds |
| ALK +36% 30D but still -25% from high | Most recovery room, but pullback regime — laggard, not yet a clean trend |
Mistakes (Don't Repeat)
| Mistake | Lesson |
|---|---|
| Reading UAL/AAL's `deathCross` flag as bearish while they rip +28-33% 30D | Long-term cross flags lag a fast recovery; the regime ("uptrend") and 30D move are the live signal here |
Open Questions
- Is the synchronized +24-36% 30D move driven by a sector catalyst (fuel, demand, summer-travel guidance)? (needs event verify)
- Does ALK's -25% from high reflect a name-specific overhang vs the group's near-high cluster?
Related
9 eventsNo direct external sources are attached to this read.