ALON USA ENERGY INC (ALJ) Technical Analysis
NYSE:ALJ • US0205201025
Current stock price
ALJ Technical Rating and Analysis
Overall ALJ gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ALJ has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ALJ did better than 94% of all other stocks. On top of that, ALJ also shows a nice and consistent pattern of rising prices.
- ALJ is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ALJ is leading the market.
- In the last month ALJ has a been trading in the 12.31 - 13.97 range, which is quite wide. It is currently trading near the high of this range.
ALJ Weekly and Daily overview Charts
ALJ Setup Rating and Analysis
Besides having an excellent technical rating, ALJ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 13.11, a Stop Loss order could be placed below this zone.
More info and screens
ALJ Support and Resistance Analysis
8.92
4 important support areas can be observed.
- A support zone ranging from 12.64 to 13.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.34 from a horizontal line in the daily time frame.
- Support @11.22 from a trend line in the weekly time frame.
- Support @9.01 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @13.51 from a horizontal line in the weekly time frame.
ALJ 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 ALJ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALJ is up. |
| ChartMill Relative Strength | 94.57 | POSITIVE | ALJ has a high relative strength, it outperformed 94.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.87 | NEUTRAL | The RSI value for ALJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ALJ has a positive trend. |
| Stochastics (14,3) | 62.42 | NEUTRAL | The Stochastics value for ALJ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for ALJ suggests some volalility. |
ALJ Chart- and CandleStick Pattern Analysis
ALJ Example Setup
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 |
|---|---|---|---|
| 13.52 | 12.63 | 0.89 (6.58%) | 15.19% |
| An entry @13.52. This is a Buy Stop order right above the resistance zone. | An exit @12.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.89 points, which is 6.58%. | When investing 15.19% 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.
ALJ Technicals: Chart, Performance Metrics, Trend & Indicators
13.32
-0.08 (-0.6%)
ALON USA ENERGY INC / ALJ TA FAQ
What is the technical rating for ALJ stock?
ChartMill assigns a technical rating of 10 / 10 to ALJ.
What is the trend direction for ALJ stock?
The current trend direction for ALON USA ENERGY INC (ALJ) is Bullish.
What is the RSI signal for ALJ stock?
ALON USA ENERGY INC (ALJ) has an RSI value of 54.8652. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ALON USA ENERGY INC?
The MACD indicator for ALON USA ENERGY INC (ALJ) has a value of 0.0044413, indicating a bearish trend.
What are the support and resistance levels for ALON USA ENERGY INC (ALJ) stock?
ALON USA ENERGY INC (ALJ) has a support level at 13.11 and a resistance level at 13.51. Check the full technical report for our detailed analysis of ALJ support and resistance levels.