ALJ REGIONAL HOLDINGS INC (ALJJ) Stock Technical Analysis
NASDAQ:ALJJ - US0016271084 - Common Stock
1.62 USD
-0.2 (-10.99%)
1.6 USD
-0.02 (-1.23%)
We assign a technical rating of 3 out of 10 to ALJJ. 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 part of the IT Services industry. There are 83 other stocks in this industry. ALJJ outperforms 76% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 currently trading near new highs, so ALJJ is lagging the market.
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 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
1.05
2.09
We found 3 important support 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.
4 important resistance areas can be observed.
- 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.
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. |
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)
1.62
-0.2 (-10.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-10.99%
1 Week8%
2 Weeks4.52%
1 Month-19.4%
3 Month-23.22%
6 Month-34.15%
12 Month32.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%8.03%
ATR Inc154.33%
Range Today0.34
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.09
Mansfield-0.85
10 Day High1.95
10 Day Low1.45
20 Day High2.08
20 Day Low1.41
52 Week High2.8
52 Week Low0.96
CS1 End1.49
CR1 Start1.82
Volume & EV
DER(3)0.68%
DER(5)1.15%
Volume1.39M
Volume Incr197.8%
Vol(5)609.82K
Vol(50)177.55K