Taking everything into account, ALHC scores 9 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, ALHC did better than 90% of all other stocks.
- ALHC is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry. ALHC outperforms 88% of them.
- ALHC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALHC is lagging the market slightly.
- ALHC has an average volume of 2858860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ALHC has a been trading in the 19.97 - 23.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ALHC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
12.67
4 important support areas can be observed.
- A support zone ranging from 18.78 to 19.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.86 from a horizontal line in the daily time frame.
- Support @14.67 from a trend line in the weekly time frame.
- Support @12.80 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.16 to 22.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for ALHC is neutral. |
| ChartMill Relative Strength | 90.22 | POSITIVE | ALHC has a high relative strength, it outperformed 90.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALHC is below 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) | 50.75 | NEUTRAL | The RSI value for ALHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests ALHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.92 | NEUTRAL | The Stochastics value for ALHC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for ALHC suggests high volalility. |
| Average Directional Index/ADX (14) | 24.27 | NEUTRAL | The ADX value for ALHC suggests a possible start of a new trend. |
21.75
+0.6 (+2.84%)
ALIGNMENT HEALTHCARE INC / ALHC FAQ
Can you provide the ChartMill technical rating for ALIGNMENT HEALTHCARE INC?
ChartMill assigns a technical rating of 9 / 10 to ALHC.
Can you provide the trend direction for ALIGNMENT HEALTHCARE INC?
The current trend direction for ALIGNMENT HEALTHCARE INC (ALHC) is Bullish.
What is the RSI signal for ALHC stock?
ALIGNMENT HEALTHCARE INC (ALHC) has an RSI value of 50.7513. This indicates that the stock is currently neutral.
What is the short term momentum for ALIGNMENT HEALTHCARE INC (ALHC) stock?
The short term momentum for ALIGNMENT HEALTHCARE INC (ALHC) is neutral.
What is the support and resistance level for ALHC stock?
ALIGNMENT HEALTHCARE INC (ALHC) has a support level at 19.03 and a resistance level at 22.16. Check the full technical report for our detailed analysis of ALHC support and resistance levels.