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(ALGT) Allegiant Travel complete technical analysis [charts+indicators] | Buy/Sell Allegiant Travel | (ALGT) share price targets

Complete technical analysis of Allegiant Travel (ALGT) by charts plus indicators, forecast predictions and share price targets for Allegiant Travel (ALGT)

Allegiant Travel trades in USA in Transportation sector.

10 day averaged volume of Allegiant Travel is 470361

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 54.76 55.44 55.49 54.67 0.378 times
15 Wed May 2024 55.44 58.96 59.65 55.31 0.555 times
14 Tue May 2024 58.68 57.31 60.74 57.31 1.05 times
13 Mon May 2024 57.50 53.44 57.92 53.44 1.154 times
10 Fri May 2024 53.44 54.43 54.88 53.34 0.991 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 53.7 as stoploss in an intra day buy trade for a target of 56.6. However, stock will show a bearish move below 53.7.

Share price targets for Allegiant Travel (ALGT)

Target Type Value
Downside Target 51.13
Downside Target 52.38
Downside Target 53.44
Upside Target 56.00
Upside Target 58.00
Upside Target 59.54
Upside Target 60.74
Upside Target 62.97
Upside Target 65.59
Upside Target 69.70
Upside Target 72.00
Upside Target 75.21
Upside Target 77.15
Upside Target 83.66
Upside Target 83.82

Intraday share price targets for Allegiant Travel (ALGT)

Target Type Value
Downside Intraday Target 51.89
Downside Intraday Target 49.01
Upside Intraday Target 59.19
Upside Intraday Target 63.61
Upside Intraday Target 56.31

Weekly technical analysis of Allegiant Travel (ALGT)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 54.76 53.44 60.74 53.44 0.506 times
10 Fri May 2024 53.44 55.94 56.73 51.13 1.752 times
03 Fri May 2024 55.63 57.00 58.00 52.38 0.934 times
26 Fri Apr 2024 57.04 62.71 62.97 56.00 1.42 times
19 Fri Apr 2024 62.31 61.47 63.40 59.54 0.802 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Allegiant Travel (ALGT)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 54.76 55.01 60.74 51.13 0.79 times
30 Tue Apr 2024 54.56 75.21 75.21 54.29 1.397 times
28 Thu Mar 2024 75.21 73.79 77.15 65.59 0.937 times
29 Thu Feb 2024 72.78 79.41 83.82 72.00 1.087 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Allegiant Travel (ALGT)

Indicator Name Indicator Value Indicator Signal
ADX 22, 29, 14 Sell
MACD -5, -6Buy
Stochastics 54None
CCI -15Sell
RSI 49Sell
OBV -1894007Sell
VWAP 55Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Allegiant Travel ( (ALGT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Allegiant Travel ( (ALGT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Allegiant Travel ( (ALGT) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Allegiant Travel ( (ALGT) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Allegiant Travel stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Allegiant Travel in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Allegiant Travel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Allegiant Travel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Allegiant Travel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.18 and Allegiant Travel (ALGT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Allegiant Travel (ALGT) stock. Volume based technical analysis of Allegiant Travel (ALGT) stock is negative.

Allegiant Travel Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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