ALIGNMENT HEALTHCARE INC (ALHC) Technical Analysis
NASDAQ:ALHC • US01625V1044
Current stock price
ALHC Technical Rating and Analysis
Overall ALHC gets a technical rating of 0 out of 10. ALHC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 73% of all other stocks performed better in the past year than ALHC.
- In the last month ALHC has a been trading in the 16.91 - 21.32 range, which is quite wide. It is currently trading near the lows of this range.
- ALHC has an average volume of 3037050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- ALHC is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, ALHC did better than 51% of them.
- ALHC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALHC is lagging the market slightly.
ALHC Weekly and Daily overview Charts
ALHC Setup Rating and Analysis
ALHC has a poor technical rating and the quality of the setup is also only medium 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
ALHC Support and Resistance Analysis
12.89
When analyzing the support we can see 3 important areas.
- A support zone ranging from 16.99 to 17.16. 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 @13.02 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @18.19 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for ALHC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALHC is down. |
| ChartMill Relative Strength | 27.3 | NEGATIVE | ALHC has a low relative strength, it was outperformed by 72.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALHC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALHC is below a declining 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) | 35.97 | NEUTRAL | The RSI value for ALHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 28.44 | NEUTRAL | The Stochastics value for ALHC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for ALHC suggests high volalility. |
| Average Directional Index/ADX (14) | 34.07 | POSITIVE | The high ADX value value for ALHC suggests a strong trend. |
ALHC Chart- and CandleStick Pattern Analysis
ALHC Technicals: Chart, Performance Metrics, Trend & Indicators
17.34
-0.82 (-4.52%)
ALIGNMENT HEALTHCARE INC / ALHC TA FAQ
Can you provide the ChartMill technical rating for ALIGNMENT HEALTHCARE INC?
ChartMill assigns a technical rating of 0 / 10 to ALHC.
Can you provide the trend direction for ALIGNMENT HEALTHCARE INC?
The current trend direction for ALIGNMENT HEALTHCARE INC (ALHC) is Bearish.
What is the RSI signal for ALHC stock?
ALIGNMENT HEALTHCARE INC (ALHC) has an RSI value of 35.9698. 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 negative.
What is the support and resistance level for ALHC stock?
ALIGNMENT HEALTHCARE INC (ALHC) has a support level at 17.16 and a resistance level at 18.19. Check the full technical report for our detailed analysis of ALHC support and resistance levels.