ALIGHT INC - CLASS A (ALIT)
US01626W1018 - Common Stock
We assign a technical rating of 6 out of 10 to ALIT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ALIT is only an average performer.
The long and short term trends are both positive. This is looking good!
ALIT 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 ALIT is lagging the market slightly.
ALIT has an average volume of 4309090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ALIT outperforms 52% of them, which is more or less in line with the market.
ALIT is part of the Professional Services industry. There are 82 other stocks in this industry, ALIT did better than 59% of them.
In the last month ALIT has a been trading in a tight range between 8.95 and 9.45.
Although the technical rating is only medium, ALIT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.26, a Stop Loss order could be placed below this zone.
More info and screens
8.55
10.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.07 to 9.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.86 from a horizontal line in the daily time frame.
- A support zone ranging from 8.64 to 8.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.85 to 9.94. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.53
Mansfield-0.13
10 Day High9.45
10 Day Low8.95
20 Day High9.45
20 Day Low8.95
52 Week High10.38
52 Week Low6.33
Performance
1 Week2.99%
2 Weeks0.43%
1 Month-2%
3 Month-0.85%
6 Month34.83%
12 Month12.47%
2 Year13.85%
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)0.02
RSI(14)52.57
LBB8.96
UBB9.37
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 |
|---|---|---|---|
| 9.46 | 9.06 | 0.40 (4.23%) | 23.65% |
| An entry @9.46. This is a Buy Stop order right above the 10 day high. | An exit @9.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.40 points, which is 4.23%. | For a 1.00% total portfolio risk, you can invest 23.65% of your capital in this trade. |
- 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.
ALIGHT INC - CLASS A
NYSE:ALIT (5/7/2024, 7:04:00 PM)
After market: 9.29 0 (0%)9.29
-0.02 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.21%
1 Week2.99%
2 Weeks0.43%
1 Month-2%
3 Month-0.85%
6 Month34.83%
12 Month12.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%2.12%
ATR Inc
Range Today0.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.45
10 Day Low8.95
20 Day High9.45
20 Day Low8.95
52 Week High10.38
52 Week Low6.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.20M
Volume Incr69.62%
Vol(5)4.69M
Vol(50)4.31M