ALLIENT INC (ALNT) Stock Technical Analysis
NASDAQ:ALNT - Nasdaq - US0193301092 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ALNT. ALNT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ALNT is a bad performer in the overall market: 77% of all stocks are doing better.
In the last month ALNT has a been trading in the 19.29 - 22.55 range, which is quite wide. It is currently trading near the high of this range.
ALNT is part of the Electrical Equipment industry. There are 97 other stocks in this industry, ALNT did better than 60% of them.
ALNT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
ALNT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.54, a Stop Loss order could be placed below this zone.
More info and screens
19.69
27.83
3 important support areas can be observed.
- A support zone ranging from 20.96 to 21.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.35 to 20.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 22.43 to 22.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.04 from a trend line in the daily time frame.
- Resistance @27.55 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.18
Mansfield-0.67
10 Day High22.55
10 Day Low20.5
20 Day High22.55
20 Day Low19.29
52 Week High29.82
52 Week Low16.91
Performance
1 Week1.73%
2 Weeks6.99%
1 Month6.78%
3 Month-10.2%
6 Month-4.02%
12 Month-26.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.21
RSI(14)49.59
LBB20.39
UBB22.31
21.74
-0.69 (-3.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-3.08%
1 Week1.73%
2 Weeks6.99%
1 Month6.78%
3 Month-10.2%
6 Month-4.02%
12 Month-26.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%4.69%
ATR Inc1.86%
Range Today0.4
ADR(20)0.96
ADR(20)%4.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.18
Mansfield-0.67
10 Day High22.55
10 Day Low20.5
20 Day High22.55
20 Day Low19.29
52 Week High29.82
52 Week Low16.91
CS1 End21.54
CR1 Start22.43
Volume & EV
DER(3)2.79%
DER(5)1.17%
Volume64.40K
Volume Incr-34.01%
Vol(5)61.84K
Vol(50)80.95K