ALLIANCE LAUNDRY HOLDINGS IN (ALH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ALH - US01862Q1076 - Common Stock
Taking everything into account, ALH scores 2 out of 10 in our technical rating. In the last year, ALH was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
ALH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.44, a Stop Loss order could be placed below this zone.
More info and screens
20.15
When analyzing the support we notice one important area.
- A support zone ranging from 20.35 to 20.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 21.31 to 21.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for ALH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALH is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ALH has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALH is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 45.49 | NEUTRAL | The RSI value for ALH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ALH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.68 | NEUTRAL | The Stochastics value for ALH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for ALH suggests some volalility. |
| Average Directional Index/ADX (14) | 28.8 | POSITIVE | The high ADX value value for ALH suggests a strong trend. |
21.3
-0.54 (-2.47%)
ALLIANCE LAUNDRY HOLDINGS IN / ALH FAQ
Can you provide the ChartMill technical rating for ALLIANCE LAUNDRY HOLDINGS IN?
ChartMill assigns a technical rating of 2 / 10 to ALH.
Can you provide the trend direction for ALLIANCE LAUNDRY HOLDINGS IN?
The current trend direction for ALLIANCE LAUNDRY HOLDINGS IN (ALH) is Bullish.
What is the RSI signal for ALLIANCE LAUNDRY HOLDINGS IN (ALH) stock?
ALLIANCE LAUNDRY HOLDINGS IN (ALH) has an RSI value of 45.4929. This indicates that the stock is currently neutral.
What is the MACD signal for ALLIANCE LAUNDRY HOLDINGS IN (ALH) stock?
The MACD indicator for ALLIANCE LAUNDRY HOLDINGS IN (ALH) has a value of 0.055965, indicating a bearish trend.
Can you provide the support and resistance levels for ALLIANCE LAUNDRY HOLDINGS IN?
ALLIANCE LAUNDRY HOLDINGS IN (ALH) has a support level at 20.44 and a resistance level at 21.31. Check the full technical report for our detailed analysis of ALH support and resistance levels.