ALJ REGIONAL HOLDINGS INC (ALJJ) Technical Analysis
NASDAQ:ALJJ • US0016271084
Current stock price
ALJJ Technical Rating and Analysis
Taking everything into account, ALJJ scores 3 out of 10 in our technical rating. Although ALJJ is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- ALJJ is one of the better performing stocks in the IT Services industry, it outperforms 88% of 88 stocks in the same industry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, ALJJ did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- ALJJ 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 ALJJ is lagging the market slightly.
- In the last month ALJJ has a been trading in the 1.41 - 2.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALJJ Weekly and Daily overview Charts
ALJJ Setup Rating and Analysis
ALJJ 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
ALJJ Support and Resistance Analysis
1.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.49 to 1.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.46 from a horizontal line in the daily time frame.
- Support @1.06 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @1.82 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.87 to 1.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.96 from a trend line in the daily time frame.
- Resistance @2.07 from a horizontal line in the daily time frame.
ALJJ 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 ALJJ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALJJ is neutral. |
| ChartMill Relative Strength | 84.09 | POSITIVE | ALJJ has a high relative strength, it outperformed 84.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALJJ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALJJ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ALJJ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.78 | NEUTRAL | The RSI value for ALJJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ALJJ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.62 | NEUTRAL | The Stochastics value for ALJJ is a neutral value. |
| Average True Range in percent/ATR (20) | 8.03 | HIGH VOLATILITY | The high ATR as a percentage value for ALJJ suggests high volalility. |
| Average Directional Index/ADX (14) | 26.4 | POSITIVE | The high ADX value value for ALJJ suggests a strong trend. |
ALJJ Chart- and CandleStick Pattern Analysis
ALJJ Technicals: Chart, Performance Metrics, Trend & Indicators
1.62
-0.2 (-10.99%)
ALJ REGIONAL HOLDINGS INC / ALJJ TA FAQ
What is the technical rating for ALJJ stock?
ChartMill assigns a technical rating of 2 / 10 to ALJJ.
What is the current trend direction of ALJ REGIONAL HOLDINGS INC (ALJJ) stock?
The current trend direction for ALJ REGIONAL HOLDINGS INC (ALJJ) is Bearish.
Can you provide the RSI signal for ALJ REGIONAL HOLDINGS INC?
ALJ REGIONAL HOLDINGS INC (ALJJ) has an RSI value of 44.7794. This indicates that the stock is currently neutral.
What is the MACD signal for ALJJ stock?
The MACD indicator for ALJ REGIONAL HOLDINGS INC (ALJJ) has a value of 0.0250628, indicating a bearish trend.
Can you provide the short term momentum for ALJ REGIONAL HOLDINGS INC?
The short term momentum for ALJ REGIONAL HOLDINGS INC (ALJJ) is neutral.