Overall ALNT gets a technical rating of 10 out of 10. 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.
ALNT has an excellent technical rating, but the quality of the setup is 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
50.08
3 important support areas can be observed.
- A support zone ranging from 55.65 to 56.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.50 to 54.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 50.59 to 51.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 96.56 | POSITIVE | ALNT has a high relative strength, it outperformed 96.56% 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) | 61.91 | NEUTRAL | The RSI value for ALNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ALNT has a positive trend. |
| Stochastics (14,3) | 71.2 | NEUTRAL | The Stochastics value for ALNT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for ALNT suggests some volalility. |
| Average Directional Index/ADX (14) | 10.95 | NEGATIVE | The low ADX value for ALNT suggests a weak or negative trend. |
59.07
+2.97 (+5.29%)
ALLIENT INC / ALNT FAQ
Can you provide the ChartMill technical rating for ALLIENT INC?
ChartMill assigns a technical rating of 10 / 10 to ALNT.
Can you provide the trend direction for ALLIENT INC?
The current trend direction for ALLIENT INC (ALNT) is Bullish.
What is the RSI signal for ALLIENT INC (ALNT) stock?
ALLIENT INC (ALNT) has an RSI value of 61.908. This indicates that the stock is currently neutral.
What is the MACD signal for ALLIENT INC (ALNT) stock?
The MACD indicator for ALLIENT INC (ALNT) has a value of 0.203587, indicating a bearish trend.
What is the support and resistance level for ALNT stock?
ALLIENT INC (ALNT) has a support level at 56.31. Check the full technical report for our detailed analysis of ALNT support and resistance levels.