easyJet shares still stuck in turbulent air
Underperforming rivals over multiple time periods, independent analyst Alistair Strang runs his software again in a search for positives.
5th February 2026 07:44
by Alistair Strang from Trends and Targets
Budget airline easyJet (LSE:EZJ)'s share price has done very little to escape from the gutter since the pandemic drop of 2020. If we play with trend lines, it even looks like it could be around the end of this year before the share is visually forced to do something, escaping the more recent three years of lethargy.
- Invest with ii:Open a Stocks & Shares ISA | Top ISA Funds | Transfer your ISA to ii
From an immediate perspective, above 515p has the potential of triggering gains to an initial 535p with our secondary, if bettered, at long term 592p.
Unfortunately, our alternate scenario has alarm bells ringing at 467p, warning of triggering reversal to an initial 434p with our secondary, if broken, at 382p and hopefully a reason for a bounce.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.
Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company's or index name highlighted in the article.