Overall ALHC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALHC is showing a nice and steady performance.
Although ALHC has an excellent technical rating, the quality of the presented setup is not ideal 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
12.56
We found 6 important support areas.
- Support @19.79 from a trend line in the daily time frame.
- A support zone ranging from 18.66 to 19.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.05 from a trend line in the daily time frame.
- Support @15.86 from a horizontal line in the daily time frame.
- Support @14.36 from a trend line in the weekly time frame.
- Support @12.69 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for ALHC is up. |
| ChartMill Relative Strength | 89.53 | POSITIVE | ALHC has a high relative strength, it outperformed 89.53% off all stocks 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) | 66.68 | NEUTRAL | The RSI value for ALHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ALHC has a positive trend. |
| Stochastics (14,3) | 80.92 | OVERBOUGHT | The high Stochastics value suggests ALHC may be overbought. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for ALHC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.69 | POSITIVE | The high ADX value value for ALHC suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.68 | 18.22 | 3.46 (15.96%) | 6.27% |
| An entry @21.68. This is a Buy Stop order right above the 10 day high. | An exit @18.22. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.46 points, which is 15.96%. | When investing 6.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
21.28
+0.5 (+2.41%)
ALIGNMENT HEALTHCARE INC / ALHC FAQ
Can you provide the ChartMill technical rating for ALIGNMENT HEALTHCARE INC?
ChartMill assigns a technical rating of 10 / 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 66.6776. 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 positive.
What is the support and resistance level for ALHC stock?
ALIGNMENT HEALTHCARE INC (ALHC) has a support level at 19.79. Check the full technical report for our detailed analysis of ALHC support and resistance levels.