Allegiant Travel Company ($ALGT) Is Moving – Here’s Why (2019-10-17)

REPORTING FOR 2019-10-17 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how ALGT has been trading over the last 2 weeks and the past day especially. On its latest session, Allegiant Travel Company ($ALGT) opened at 151.59, reaching a high of 152.575 and a low of 150.56 before closing at a price of 151.11. There was a total volume of 108773.

VOLUME INDICATORS FOR ALLEGIANT TRAVEL COMPANY ($ALGT): We saw an accumulation-distribution index of 699.60625, an on-balance volume of -151.35, chaikin money flow of 3.09137 and a force index of 1.6184. There was an ease of movement rating of 0.01548, a volume-price trend of 6.82727 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ALLEGIANT TRAVEL COMPANY ($ALGT): We noted an average true range of 1.80058, bolinger bands of 151.89018, an upper bollinger band of 147.77482, lower bollinger band of 150.56, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 151.575, high band keltner channel of 150.59, low band keltner channel of 152.56, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 150.56, a donchian channel low band of 150.56, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ALLEGIANT TRAVEL COMPANY ($ALGT): We calculated a Moving Average Convergence Divergence (MACD) of -0.03264, a MACD signal of -0.01814, a MACD difference of -0.01451, a fast Exponential Moving Average (EMA) indicator of 150.56, a slow Exponential Moving Average (EMA) indicator of 150.56, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.12051, a trix of 3.2597, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -6.51462, a KST Oscillator (KST) of 45.22614 and a KST Oscillator (KST Signal) of 45.22614 (leaving a KST difference of -2.52525). We also found an Ichimoku rating of 152.0825, an Ichimoku B rating of 152.0825, a Ichimoku visual trend A of 147.03562, an Ichimoku visual trend B of 147.67055, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR ALLEGIANT TRAVEL COMPANY ($ALGT): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 86.34788, a stochastic oscillator of 204.56853, a stochastic oscillator signal of 204.56853, a Williams %R rating of 104.56853 and an awesome oscillator of -0.22358.

RETURNS FOR ALLEGIANT TRAVEL COMPANY ($ALGT): There was a daily return of 4.52261, a daily log return of -0.97109 and a cumulative return of -0.96639.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-17 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Allegiant Travel Company ($ALGT)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Allegiant Travel Company ($ALGT) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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