Alaska Air Group's 15min chart shows Bollinger Bands Narrowing, KDJ Death Cross signal.

Based on Alaska Air Group's 15-minute chart, the Bollinger Bands are narrowing, indicating a decrease in the magnitude of stock price fluctuations. Furthermore, the KDJ Death Cross at 08/29/2025 10:00 suggests a shift in the momentum of the stock price towards the downside, potentially leading to further decreases.

Alaska Air Group (NYSE: ALK) has seen a mixed reaction in its stock price following a significant upgrade by Raymond James. The investment firm upgraded the airline stock to an Outperform rating, up from Market Perform, citing improved demand and competitive capacity trends [1]. The upgrade comes as Alaska Air Group is already benefiting from the struggles at Spirit Airlines (OTC: SAVEQ), as noted by Raymond James analyst Savanthi Syth [1].

The stock price of Alaska Air Group has been volatile, with shares moving 1.2% higher premarket on Monday to $60.20 after gaining 8.3% on Friday [1]. However, the 52-week high for the airline stock is $78.08, indicating significant upside potential. The upgrade by Raymond James suggests that the firm's earnings forecasts for Alaska Air Group are now more favorable, and the risk-reward profile is more attractive [1].

Despite the positive upgrade, the technical analysis of the stock suggests a potential downturn. The Bollinger Bands on the 15-minute chart are narrowing, indicating a decrease in the magnitude of stock price fluctuations. Additionally, a KDJ Death Cross at 08/29/2025 10:00 suggests a shift in the momentum of the stock price towards the downside, potentially leading to further decreases [2].

Alaska Air Group operates through several subsidiaries, including Alaska Airlines, Hawaiian Holdings, Hawaiian Airlines, Horizon Air Industries, and McGee Air Services. The company serves over 140 destinations and offers various services, including group business travel, charter flights, and Alaska Lounge [2].

In conclusion, while the Raymond James upgrade offers a positive outlook for Alaska Air Group, the technical indicators suggest a potential downturn in the stock price. Investors should closely monitor both fundamental and technical aspects to make informed decisions.

References:
[1] https://seekingalpha.com/news/4488720-alaska-air-gains-after-raymond-james-turns-bullish-on-the-second-half-outlook
[2] https://www.marketscreener.com/news/raymond-james-upgrades-alaska-air-to-outperform-from-market-perform-price-target-is-70-ce7c50dbd08ef521