Structural break signals
ALGT qualifies for the Red List on decline depth.
The structural read
What price action says about ALGT.
ALGT qualifies for the Red List on decline depth — down -31.9% 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 4.7σ over 20 bars.
Alongside that decline, our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames — moderate or strong time-frame-continuity (TFC) alignment — so the ticker also carries a Recovering badge. The two readings coexist: the tier tells you how deep the damage is, the Recovering badge tells you whether momentum may be turning. Recovering is not a buy signal; it's a structural read.
Upstream TFC read: moderate alignment, current phase daily. Last bar types — daily 2U (green), weekly 1 (red), monthly 2D (green).
Earnings on file: 2026-04-30. Tiering is unaffected by earnings dates — listings reflect price structure only.
52-week range
Sector context · Industrials
119 other Industrials tickers are on Broken Stocks.
Worst in sector: SMR (-79.0%). Least-bad: TRNS (-20.3%). See all Industrials listings →
Questions about ALGT
What people ask.
Why is ALGT on Broken Stocks?
ALGT qualifies for the Red List on decline depth. It is down -31.9% from its rolling 252-day high of $118.00, set on 2026-02-09 — 94d 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 -31.9% from its 52-week high of $118.00, set 94d 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 $80.38, ALGT sits 50.1% of the way from its 52-week low ($42.56) to its 52-week high ($118.00). 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 31.9% decline accrued over 94d, which annualizes to roughly -123.9% 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 119 other Industrials tickers on Broken Stocks: 60 Red, 22 Amber, 37 Watch, with 22 showing recovering structural signals. Median sector decline is -32.6% — ALGT's decline is shallower 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 (2026-04-30) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.