ALLIENT INC (ALNT) Stock Technical Analysis
NASDAQ:ALNT - Nasdaq - US0193301092 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to ALNT. Both in the recent history as in the last year, ALNT 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.
When comparing the yearly performance of all stocks, we notice that ALNT is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, ALNT also shows a nice and consistent pattern of rising prices.
ALNT is part of the Electrical Equipment industry. There are 93 other stocks in this industry. ALNT outperforms 89% of them.
ALNT 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 ALNT is lagging the market slightly.
In the last month ALNT has a been trading in the 36.85 - 48.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ALNT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
22.53
44.58
4 important support areas can be observed.
- A support zone ranging from 41.51 to 42.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @40.10 from a trend line in the daily time frame.
- A support zone ranging from 37.92 to 39.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.76 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 ALNT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALNT is up. |
| ChartMill Relative Strength | 96.17 | POSITIVE | ALNT has a high relative strength, it outperformed 96.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALNT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.84 | NEUTRAL | The RSI value for ALNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ALNT has a negative trend. |
| Stochastics (14,3) | 59.51 | NEUTRAL | The Stochastics value for ALNT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for ALNT suggests some volalility. |
| Average Directional Index/ADX (14) | 33.13 | POSITIVE | The high ADX value value for ALNT 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)
44.14
+1 (+2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg2.32%
1 Week0.32%
2 Weeks4.39%
1 Month12.37%
3 Month47.72%
6 Month66%
12 Month111.3%
2 Year29.71%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.48
ATR(20)%4.99%
ATR Inc-41.68%
Range Today1.78
ADR(20)2.13
ADR(20)%4.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.17
Mansfield5.3
10 Day High46.93
10 Day Low40.49
20 Day High48.22
20 Day Low36.85
52 Week High48.22
52 Week Low16.91
CS1 End42.02
CR1 StartN/A
Volume & EV
DER(3)1.73%
DER(5)2.06%
Volume109.70K
Volume Incr-32.69%
Vol(5)129.28K
Vol(50)168.17K