ALABAMA POWER CO - SO 5 PERP (ALP-Q) Technical Analysis
NYSE:ALP-Q • US0103924629
Current stock price
ALP-Q Technical Rating and Analysis
Taking everything into account, ALP-Q scores 3 out of 10 in our technical rating. ALP-Q has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Warning: ALP-Q has an average volume of 25792 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that ALP-Q is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- ALP-Q is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALP-Q is lagging the market.
- In the last month ALP-Q has a been trading in a tight range between 24.91 and 25.24.
- Considerably lower volume is observed in the last couple of days.
ALP-Q Weekly and Daily overview Charts
ALP-Q Setup Rating and Analysis
Although the technical rating is bad, ALP-Q does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 25.02, a Stop Loss order could be placed below this zone.
More info and screens
ALP-Q Support and Resistance Analysis
23.62
We found 3 important support areas.
- A support zone ranging from 24.99 to 25.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @24.58 from a horizontal line in the daily time frame.
- A support zone ranging from 23.86 to 24.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 25.04 to 25.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 25.88 to 25.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
ALP-Q 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 ALP-Q is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALP-Q is neutral. |
| ChartMill Relative Strength | 77.58 | POSITIVE | ALP-Q has a high relative strength, it outperformed 77.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALP-Q is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ALP-Q is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALP-Q is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.71 | NEUTRAL | The RSI value for ALP-Q is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALP-Q has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.53 | OVERSOLD | The low Stochastics value suggests ALP-Q may be oversold. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for ALP-Q suggests low volalility. |
| Average Directional Index/ADX (14) | 23.17 | NEUTRAL | The ADX value for ALP-Q suggests a possible start of a new trend. |
ALP-Q Chart- and CandleStick Pattern Analysis
ALP-Q Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:ALP-Q (10/13/2022, 8:09:39 PM)
25.03
+0.02 (+0.08%)
ALABAMA POWER CO - SO 5 PERP / ALP-Q TA FAQ
What is the technical rating for ALP-Q stock?
ChartMill assigns a technical rating of 3 / 10 to ALP-Q.
What is the trend direction for ALP-Q stock?
The current trend direction for ALABAMA POWER CO - SO 5 PERP (ALP-Q) is Bearish.
What is the RSI signal for ALABAMA POWER CO - SO 5 PERP (ALP-Q) stock?
ALABAMA POWER CO - SO 5 PERP (ALP-Q) has an RSI value of 51.7052. This indicates that the stock is currently neutral.
What is the MACD signal for ALABAMA POWER CO - SO 5 PERP (ALP-Q) stock?
The MACD indicator for ALABAMA POWER CO - SO 5 PERP (ALP-Q) has a value of -0.00162125, indicating a bearish trend.
What is the short term momentum for ALABAMA POWER CO - SO 5 PERP (ALP-Q) stock?
The short term momentum for ALABAMA POWER CO - SO 5 PERP (ALP-Q) is neutral.