Aleafia Health Inc (AH.CA) Technical Analysis
TSX:AH • CA01444Q1046
Current stock price
AH.CA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to AH. AH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, AH is a bad performer in the overall market: 99% of all stocks are doing better.
- AH is one of the lesser performing stocks in the Pharmaceuticals industry. 96% of 31 stocks in the same industry do better.
- AH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month AH has a been trading in the 0.01 - 0.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
AH.CA Weekly and Daily overview Charts
AH.CA Setup Rating and Analysis
Although the technical rating is bad, AH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for AH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
AH.CA Support and Resistance Analysis
AH.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AH.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AH.CA is down. |
| ChartMill Relative Strength | 1.88 | NEGATIVE | AH.CA has a low relative strength, it was outperformed by 98.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AH.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AH.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AH.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.01 | NEUTRAL | The RSI value for AH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AH.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for AH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 25 | HIGH VOLATILITY | The high ATR as a percentage value for AH.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.44 | POSITIVE | The high ADX value value for AH.CA suggests a strong trend. |
AH.CA Chart- and CandleStick Pattern Analysis
AH.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:AH (7/25/2023, 7:00:00 PM)
0.02
0 (0%)
Aleafia Health Inc / AH.CA TA FAQ
What is the ChartMill technical rating of Aleafia Health Inc (AH.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to AH.CA.
What is the trend direction for AH stock?
The current trend direction for Aleafia Health Inc (AH.CA) is Bearish.
Can you provide the RSI signal for Aleafia Health Inc?
Aleafia Health Inc (AH.CA) has an RSI value of 42.0074. This indicates that the stock is currently neutral.
What is the MACD signal for Aleafia Health Inc (AH.CA) stock?
The MACD indicator for Aleafia Health Inc (AH.CA) has a value of -0.000111146, indicating a bearish trend.
Can you provide the short term momentum for Aleafia Health Inc?
The short term momentum for Aleafia Health Inc (AH.CA) is negative.