ALIGNMENT HEALTHCARE INC (ALHC) Technical Analysis
NASDAQ:ALHC • US01625V1044
Current stock price
21.01 USD
-0.55 (-2.55%)
At close:
21.01 USD
0 (0%)
Pre-Market:
ALHC Technical Rating and Analysis
Taking everything into account, ALHC scores 8 out of 10 in our technical rating. Although ALHC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- ALHC has an average volume of 3144460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, ALHC turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- ALHC is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, ALHC did better than 63% of them.
ALHC Weekly and Daily overview Charts
ALHC Setup Rating and Analysis
Besides having an excellent technical rating, ALHC also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
ALHC Support and Resistance Analysis
13.08
21.56
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.12 to 17.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.33 to 16.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.21 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.12 to 21.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
ALHC 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 | 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 | 46.01 | NEUTRAL | ALHC is not amongst the best or worst performers 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) | 58.87 | NEUTRAL | The RSI value for ALHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests ALHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.51 | NEUTRAL | The Stochastics value for ALHC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for ALHC suggests some volalility. |
| Average Directional Index/ADX (14) | 34.69 | POSITIVE | The high ADX value value for ALHC suggests a strong trend. |
ALHC Chart- and CandleStick Pattern Analysis
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)
ALHC Technicals: Chart, Performance Metrics, Trend & Indicators
21.01
-0.55 (-2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-2.55%
1 Week0.43%
2 Weeks-1.41%
1 Month20.61%
3 Month-11.76%
6 Month19.99%
12 Month19.92%
2 Year307.96%
3 Year234.02%
5 Year-20.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%4.47%
ATR Inc18.66%
Range Today1.34
ADR(20)0.85
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.01
3 months CRS21.37
6 months CRS84.64
Mansfield1.18
10 Day High22.55
10 Day Low20.26
20 Day High22.74
20 Day Low16.38
52 Week High23.87
52 Week Low11.63
CS1 End17.18
CR1 Start21.12
Volume & EV
DER(3)2.16%
DER(5)2.31%
Volume2.63M
Volume Incr-19.84%
Vol(5)2.83M
Vol(50)3.14M
ALIGNMENT HEALTHCARE INC / ALHC TA FAQ
Can you provide the ChartMill technical rating for ALIGNMENT HEALTHCARE INC?
ChartMill assigns a technical rating of 8 / 10 to ALHC.
Can you provide the trend direction for ALIGNMENT HEALTHCARE INC?
The current trend direction for ALIGNMENT HEALTHCARE INC (ALHC) is Bullish.
Can you provide the RSI signal for ALIGNMENT HEALTHCARE INC?
ALIGNMENT HEALTHCARE INC (ALHC) has an RSI value of 58.8718. This indicates that the stock is currently neutral.
What is the MACD signal for ALHC stock?
The MACD indicator for ALIGNMENT HEALTHCARE INC (ALHC) has a value of 0.158796, indicating a bearish trend.
What is the buy/sell signal for ALIGNMENT HEALTHCARE INC (ALHC) stock?
The buy/sell signal for ALIGNMENT HEALTHCARE INC (ALHC) is buy as both the short term and long term trends are positive.