SkyWest Inc

SKYW is in a clear Stage 4 downtrend reinforced by persistent lower highs and lower lows. The medium-term bias is bearish, confirmed by price trading below the 9-, 20-, and 50-day EMAs. A recent relief bounce lacks follow-through, and short-term timing remains neutral. Optimal selling opportunities are likely on rallies into the EMA resistance cluster (~98.90–100 area).

• ↑Q3 net income $116M on 15% YoY revenue growth to $1.1B
• ↑185 days of 100% controllable completion demonstrates resilience
• ↓Essential Air Service funding at risk amid federal shutdown