SkyWest Inc

SKYW remains in a Stage 2 advancing regime with a clear higher-high/higher-low structure above rising EMAs. The active Lockout Rally pattern reflects forced participation and institutional demand, justifying participation despite overbought context. Price continues to accept shallow pullbacks into the 9 and 20 EMAs, offering structurally favorable entries aligned with our Value + EPS strategy. Key risks include failure to hold EMAs and potential transition into Stage 3 consolidation.

• ↑Q1 revenue $1.01B (+7% YoY); net income $102M (EPS $2.50)
• ↑FY26 GAAP EPS guide ~$11, reflecting robust demand outlook
• ↓Fuel costs remain elevated, limiting margin expansion potential