Decline depth
-38.5%
From rolling 252-day high of $123.63, 70d ago.
Past the 30% Amber threshold.
-38.5%
from rolling 252-day high of $123.63 set 2026-07-02 · 70d ago
Current
$76.07
Decline depth
-38.5%
Decline σ
5.3σ
TFC
1/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$ALGT landed on the list 2026-03-10, down 29.0% from its 52-week high that day — now down -38.5%.
That's 4.7 percentage points deeper than the day it joined. It bottomed 40.8% below that high along the way.
From the 52-week high as of 2026-03-10 to today. Split-adjusted. Observed, not a forecast.
Structural break signals
ALGT qualifies for the Red List on decline depth.
Time-frame continuity
1/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
5.3σ
Drop over the last 20 bars in units of daily volatility (2.96%/day).
Past the ≥4σ Watch threshold.
The structural read
What price action says about ALGT.
ALGT qualifies for the Red List on decline depth — down -38.5% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown. Depth plus recency: this is the pattern many investors call a falling knife.
Cross-confirmation: decline sigma also reads 5.3σ over 20 bars.
A confirmed bullish signal on one or more time frames earned the Recovering badge. The tier says how deep the damage is; Recovering says momentum may be turning. Not a buy signal.
Whether ALGT's turn is investable is ConvictionEdge's question, not ours.
Upstream TFC read: moderate alignment, current phase daily. Last bar types — daily 3 (green), weekly 1 (red), monthly 2D (green).
Earnings on file: 2026-08-04. Earnings dates don't affect tiering.
Questions about ALGT
What people ask.
Why is ALGT on Broken Stocks?
ALGT qualifies for the Red List on decline depth. It is down -38.5% from its rolling 252-day high of $123.63, set on 2026-07-02 — 70d ago. It additionally carries a Recovering badge — see below.
What does the Recovering badge mean for ALGT?
Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — ALGT is still Red List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.
Is ALGT a falling knife?
By the most common technical definition — a steep, recent breakdown from a fresh high — yes. ALGT is down -38.5% from its 52-week high of $123.63, set 70d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.
Is ALGT a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is ALGT trading inside its 52-week range?
At $76.07, ALGT sits 28.5% of the way from its 52-week low ($57.11) to its 52-week high ($123.63). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has ALGT been declining?
The current 38.5% decline accrued over 70d, which annualizes to roughly -200.8% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does ALGT compare to its sector?
There are 393 other Industrials tickers on Broken Stocks: 229 Red, 84 Amber, 80 Watch, with 33 showing recovering structural signals. Median sector decline is -35.8% — ALGT's decline is deeper than the sector median.
Does ALGT's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-08-04) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.