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ALIGNMENT HEALTHCARE INC (ALHC)

US01625V1044 - Common Stock

7.56  -0.02 (-0.2%)

After market: 7.56 0 (0%)

Technical Rating and Analysis

7

Overall ALHC gets a technical rating of 7 out of 10. ALHC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ALHC has a been trading in the 5.73 - 7.75 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, ALHC outperforms 43% of them, which is more or less in line with the market.
ALHC is part of the Health Care Providers & Services industry. There are 115 other stocks in this industry, ALHC did better than 55% of them.
ALHC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALHC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ALHC Weekly chart
ALHC Daily chart
Setup Rating and Analysis

3

Although ALHC has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

5.07

7.72

We found 4 important support areas.

  • A support zone ranging from 6.53 to 6.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @6.27 from a trend line in the weekly time frame.
  • Support @6.08 from a trend line in the daily time frame.
  • Support @5.12 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 7.57 to 7.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.47
Mansfield-0.84
10 Day High7.75
10 Day Low6.24
20 Day High7.75
20 Day Low5.73
52 Week High13.12
52 Week Low4.88
Performance
1 Week13%
2 Weeks24.55%
1 Month13.09%
3 Month31.48%
6 Month19.62%
12 Month-41.4%
2 Year-53.36%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)66.15
LBB5.63
UBB7.71
ALHC Daily chart

ALIGNMENT HEALTHCARE INC

NASDAQ:ALHC (11/28/2023, 7:00:00 PM)

After market: 7.56 0 (0%)

7.56

-0.02 (-0.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.2%
1 Week13%
2 Weeks24.55%
1 Month13.09%
3 Month31.48%
6 Month19.62%
12 Month-41.4%
2 Year-53.36%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%4.97%
ATR Inc1.13%
Range Today0.23
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.47
Mansfield-0.84
10 Day High7.75
10 Day Low6.24
20 Day High7.75
20 Day Low5.73
52 Week High13.12
52 Week Low4.88
CS1 End6.57
CR1 Start7.57
Volume & EV
DER(3)0.38%
DER(5)-0.31%
Volume348.20K
Volume Incr-21.26%
Vol(5)437.24K
Vol(50)599.35K