EOW close confirms the extension — RSI 71-78 across all six names, UAL flipped to parabolic, AAL deepened to RSI 78.2 (+73.5% 3M), JETS pinned at -1.1% from its 52wk high. The cyclical bid held through Friday's close but this is a "hold existing, don't initiate" sector — nothing oversold, no fresh entries.

Latest bar 2026-06-26. All numbers from precomputed summaries/airlines.json.

EXTENDED / PARABOLIC (RSI 74-78, near highs): AAL (RSI 78.2, parabolic, +73.5% 3M, -0.94% from high — the most extended and most fragile), UAL (RSI 75.7, flipped to parabolic this session, +53.9% 3M, +20.9% 30D, -1.68% from high), LUV (RSI 75.9, +19.4% 30D, +39.5% 3M, -5.81% from high), JETS (RSI 75.6, breakout regime, ETF pinned at -1.13% from high — broad sector bid confirmed). Four of six are RSI > 74 and within 6% of highs. Buying here is buying the top of a 3M vertical.

STRONG-UP LEADER: DAL ($92.57, RSI 74.3, strong-up, golden cross, uptrend regime, +43.2% 3M, +37.9% vs SMA200) — textbook structural leader but extended. The name to re-enter on a pullback toward SMA20 ($83.20) with RSI cooling to 45-55, not at current levels. It's the cleanest trend-hold candidate in the group when it eventually pulls back.

LAGGARD / WATCH: ALK ($53.86, RSI 71.9, up trend, death cross, pullback regime, -18.25% from high) — most recovery room in the group but the pullback regime + death cross make it unconfirmed. SMA20 ($46.86) is now below SMA200 ($46.44) — the golden cross flip is the setup trigger, not now.

OVERSOLD-QUALITY: None. Lowest RSI is ALK at 71.9.

• UAL flipped to parabolic (was breakout 06-25): RSI 74.7 → 75.7, price $134.60 → $136.11, +13.2% on the week alone — the strongest 7D gain in the group.
• AAL deepened its extension: RSI 76.9 → 78.2, price $17.61 → $17.87, -0.94% from 52wk high — still the most stretched name.
• JETS pushed to -1.1% from its 52wk high (was -2.0% 06-25): RSI 74.3 → 75.6; the broad ETF is at a new effective high, confirming the sector-wide bid is real and not isolated.
• DAL and LUV held steady: DAL $92.86 → $92.57 (marginal red), LUV $51.84 → $51.91; RSI barely moved. They are the "holding extension" names vs the parabolic leg in UAL/AAL.
• ALK continued its run: $52.65 → $53.86, RSI 69.7 → 71.9, regime shifted to pullback (the intraday structure) — still the weakest but rode the sector bid another +7.98% on the week.
• Rotation angle: This is a cyclical sector in full-melt-up mode through EOW. The move is synchronized with broader small/mid cyclical bids (vs mega-cap softness this week). Airlines are benefiting from summer-demand narrative + favorable capacity guidance; the JETS ETF confirming the breadth of the move.

• What drove UAL's +13.2% 7D vs DAL's +8.2%? Guidance, capacity, fuel differential, or pure momentum?
• Is ALK's death cross structural (SMA200 at $46.44, SMA20 at $46.86 — nearly equal) or about to golden-cross?