Airlines staged a sector-wide structural recovery over the past two sessions: all six carriers now carry a strong-up trend classification for the first time in this cluster's recent scans, with both of last scan's structural casualties — Southwest ($LUV) and American ($AAL) — fully reversing back to strong-up. RSI jumped double digits across most of the group (Delta +10.3, JETS +12.3, ALK +7.9), and every single name narrowed its distance to its 52-week high, several by more than seven points. The 30-day change improved everywhere too, though none has flipped positive yet — American ($AAL) still carries the sector's deepest 30-day decline at -14.29%, and Alaska ($ALK) remains furthest from its 52-week high despite closing the gap the most. Southwest is the lone name still red on the week (-4.89%) and the lone RSI still under 50.

Data as-of 2026-07-28 close (all six tickers, current); scan run 2026-07-28. All numbers from precomputed summaries/airlines.json. Comparison scan: 2026-07-25-airlines (2026-07-24 close).

Every carrier in this watchlist posted a positive weekly move except Southwest, and RSI recovered sharply across the board — Delta, United, JETS, and Alaska all pushed back into the mid-to-high 50s, up from the low-to-mid 40s two scans ago. More importantly, the trend classification itself upgraded: Southwest and American, whose structures broke down in the prior two scans, are both back to strong-up, meaning all six names in the sector now share the same trend tag for the first time in this cluster's recent history.

The 30-day change is the one measure still lagging the bounce — it improved for every single name but hasn't turned positive anywhere yet. American remains the deepest laggard on that measure (-14.29%, was -17%), and Alaska, despite narrowing its 52-week-high gap by nearly six points, is still the sector's furthest name from a new high at -26.21%. Southwest is the one name that didn't fully participate in the week's gains — its RSI (45.6) is the lowest in the group and its weekly print (-4.89%) is the only red one.

• Delta: RSI 49.6→59.9, trend unchanged (strong-up), 7D +1.06%→+5.6% (extended), 30D -5.94%→-3.84% (improved), 52wkHi -14.33%→-6.59% (narrowed sharply).
• United: RSI 47.1→55.9, trend unchanged (strong-up), 7D +2.48%→+5.16% (extended), 30D -9.4%→-8.45% (improved), 52wkHi -16.88%→-10.81% (narrowed).
• Southwest: RSI 39.7→45.6, trend recovered weak-down→strong-up, 7D -6.24%→-4.89% (still negative, the only red print this scan), 30D -11.5%→-10.25% (improved slightly), 52wkHi -18.87%→-15.97% (narrowed).
• JETS (ETF): RSI 44.6→56.9 (sharpest RSI gain in the sector), trend unchanged (strong-up), 7D -1.18%→+4.42% (turned positive), 30D -7.33%→-3.69% (best in sector, improved), 52wkHi -13.71%→-6.24% (narrowed sharply).
• American: RSI 40.5→48.9, trend recovered weak-down→strong-up, 7D -3.37%→+0.52% (turned positive), 30D -17%→-14.29% (improved but still worst in sector), 52wkHi -27.86%→-18.25% (narrowed sharply).
• Alaska: RSI 46.5→54.4, trend unchanged (strong-up), 7D +1.36%→+6.93% (best weekly print in the sector), 30D -10.53%→-6.39% (improved), 52wkHi -32.07%→-26.21% (narrowed the most in points terms, still worst in the sector).

RSI (Relative Strength Index) gauges how aggressively a stock has been bought or sold over roughly the past two weeks, on a 0-100 scale — under 30 signals an oversold, potentially undervalued stretch; over 70 signals overbought, extended risk; readings in between are neutral. The color icons below track that scale: green marks oversold/healthy, yellow marks neutral, orange marks approaching overbought, red marks a breakdown or extreme overbought reading. Trend reflects a stock's structural direction based on its moving averages (strong-up, weak-up, weak-down, strong-down); vs SMA20 shows how far price sits above or below its 20-day average; 52wkHi shows the distance below the stock's own one-year high — the closer to zero, the closer to a new high.

THE STRUCTURAL RECOVERY — ALL SIX NAMES NOW STRONG-UP: Southwest ($46.31, RSI 45.6, was 39.7) and American ($15.36, RSI 48.9, was 40.5) both fully reversed the trend breaks flagged in the prior two scans, upgrading back to strong-up. That makes this the first scan in this cluster's recent history where every single carrier shares the same trend classification. RSI recovered sharply across the board, led by JETS (+12.3 points) and Delta (+10.3 points).

AAL AND ALK — RECOVERED STRUCTURE, STILL THE SECTOR'S TWO LAGGARDS ON MAGNITUDE: American's trend is fixed, but its 30-day change (-14.29%) is still the deepest decline in the sector even after improving from -17%. Alaska ($48.61, RSI 54.4) posted the sector's best weekly gain (+6.93%) and narrowed its 52-week-high gap by nearly six points, yet at -26.21% it remains the furthest name from a new high by a wide margin.

LUV — THE ONE NAME THAT DIDN'T FULLY PARTICIPATE: Southwest's trend recovered, but it's the only carrier with a negative weekly print (-4.89%) and the lowest RSI in the group (45.6). Its 30-day change improved only marginally (-11.5%→-10.25%), the smallest improvement in the sector.

EVERY NAME NARROWED ITS DISTANCE TO A 52-WEEK HIGH: Delta -14.33%→-6.59%, United -16.88%→-10.81%, Southwest -18.87%→-15.97%, JETS -13.71%→-6.24%, American -27.86%→-18.25%, Alaska -32.07%→-26.21%. Combined with every 30-day change also improving, this reads as a genuine sector-wide rebound rather than a one-name story — though none has yet turned the 30-day measure positive.

Does the sector's trend recovery hold through another scan, or does the 30-day measure finally confirm it by turning positive? Does Southwest close the gap with the rest of the group, given it's now the only carrier still red on the week and with the lowest RSI? And with Alaska posting the sector's best weekly gain while remaining its furthest laggard on distance-from-high, does that gap keep narrowing, or was this week's move a one-off catch-up bounce?

• Tape data (price/RSI/SMA/returns): pre-computed summaries as of the 2026-07-28 close — airlines.
• Comparison figures: 2026-07-25-airlines (2026-07-24 close).