Taking everything into account, ALHC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ALHC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ALHC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.34
When analyzing the support we can see 6 important areas.
- Support @19.08 from a horizontal line in the daily time frame.
- A support zone ranging from 17.20 to 17.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.69 from a trend line in the daily time frame.
- Support @15.86 from a horizontal line in the daily time frame.
- Support @13.74 from a trend line in the weekly time frame.
- Support @12.46 from a trend line in the weekly time frame.
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 ALHC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALHC is up. |
| ChartMill Relative Strength | 92.69 | POSITIVE | ALHC has a high relative strength, it outperformed 92.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.08 | OVERBOUGHT | The high RSI value suggests ALHC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests ALHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.53 | OVERBOUGHT | The high Stochastics value suggests ALHC may be overbought. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for ALHC suggests some volalility. |
| Average Directional Index/ADX (14) | 23 | NEUTRAL | The ADX value for ALHC suggests a possible start of a new trend. |
19.4
+0.3 (+1.57%)
ALIGNMENT HEALTHCARE INC / ALHC FAQ
What is the technical rating for ALHC stock?
ChartMill assigns a technical rating of 10 / 10 to ALHC.
What is the current trend direction of ALIGNMENT HEALTHCARE INC (ALHC) stock?
The current trend direction for ALIGNMENT HEALTHCARE INC (ALHC) is Bullish.
What is the RSI signal for ALIGNMENT HEALTHCARE INC (ALHC) stock?
ALIGNMENT HEALTHCARE INC (ALHC) has an RSI value of 72.0801. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ALIGNMENT HEALTHCARE INC?
The MACD indicator for ALIGNMENT HEALTHCARE INC (ALHC) has a value of 0.270988, indicating a bearish trend.
What is the short term momentum for ALIGNMENT HEALTHCARE INC (ALHC) stock?
The short term momentum for ALIGNMENT HEALTHCARE INC (ALHC) is positive.