ALIGNMENT HEALTHCARE INC (ALHC) Technical Analysis
NASDAQ:ALHC • US01625V1044
Current stock price
ALHC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ALHC. ALHC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 77% of all other stocks performed better in the past year than ALHC.
- In the last month ALHC has a been trading in the 16.38 - 18.90 range, which is quite wide. It is currently trading near the high of this range.
- ALHC has an average volume of 3024040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ALHC is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, ALHC did better than 48% 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
The technical rating of ALHC is bad and it also does not present a 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.
More info and screens
ALHC Support and Resistance Analysis
12.97
5 important support areas can be observed.
- A support zone ranging from 17.39 to 17.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.62 to 16.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.33 from a horizontal line in the daily time frame.
- Support @15.86 from a horizontal line in the daily time frame.
- Support @13.10 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for ALHC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALHC is down. |
| ChartMill Relative Strength | 23.19 | NEGATIVE | ALHC has a low relative strength, it was outperformed by 76.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALHC is above 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) | 46.81 | NEUTRAL | The RSI value for ALHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ALHC has a positive trend. |
| Stochastics (14,3) | 43.38 | NEUTRAL | The Stochastics value for ALHC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for ALHC suggests some volalility. |
| Average Directional Index/ADX (14) | 32.27 | 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
18.76
+0.91 (+5.1%)
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.
Can you provide the RSI signal for ALIGNMENT HEALTHCARE INC?
ALIGNMENT HEALTHCARE INC (ALHC) has an RSI value of 46.8051. 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 0.109759, 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 sell as both the short term and long term trends are negative.