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ALPINE 4 HOLDINGS INC (ALPP) Stock Technical Analysis

USA - NASDAQ:ALPP - US02083E2046 - Common Stock

0.1951 USD
-0.14 (-42.07%)
Last: 10/17/2024, 9:22:20 PM
0.2175 USD
+0.02 (+11.48%)
After Hours: 10/17/2024, 9:22:20 PM
Technical Rating and Analysis

0

Taking everything into account, ALPP scores 0 out of 10 in our technical rating. ALPP 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.
99% of all other stocks performed better in the past year than ALPP.
ALPP is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 91% of 123 stocks in the same industry do better.
ALPP is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ALPP has a been trading in the 0.20 - 0.37 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
ALPINE 4 HOLDINGS INC / ALPP Weekly stock chart
ALPINE 4 HOLDINGS INC / ALPP Daily stock chart
Setup Rating and Analysis

0

The technical rating of ALPP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

0.19

0.34

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ALPP is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ALPP is neutral.
ChartMill Relative Strength1.78NEGATIVEALPP has a low relative strength, it was outperformed by 98.22% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ALPP is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ALPP is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ALPP is below a declining SMA(200).
Relative Strength Index/RSI (14)19.04OVERSOLDThe low RSI value suggests ALPP may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests ALPP has a negative trend.
Stochastics (14,3)18.05OVERSOLDThe low Stochastics value suggests ALPP may be oversold.
Average True Range in percent/ATR (20)15.36HIGH VOLATILITYThe high ATR as a percentage value for ALPP suggests high volalility.
Average Directional Index/ADX (14)10.14NEGATIVEThe low ADX value for ALPP suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
ALPINE 4 HOLDINGS INC / ALPP Daily stock chart

ALPINE 4 HOLDINGS INC

NASDAQ:ALPP (10/17/2024, 9:22:20 PM)

After market: 0.2175 +0.02 (+11.48%)

0.1951

-0.14 (-42.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-42.07%
1 Week-44.57%
2 Weeks-43.47%
1 Month-44.57%
3 Month-59.35%
6 Month-74.02%
12 Month-77.96%
2 Year-96.62%
3 Year-99.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%15.36%
ATR Inc338.42%
Range Today0.15
ADR(20)0.03
ADR(20)%15.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.78
3 months CRSN/A
6 months CRSN/A
Mansfield-7.3
10 Day High0.37
10 Day Low0.2
20 Day High0.37
20 Day Low0.2
52 Week High1.3
52 Week Low0.2
CS1 EndN/A
CR1 Start0.34
Volume & EV
DER(3)-8.51%
DER(5)-6.53%
Volume3.29M
Volume Incr1502.88%
Vol(5)701.66K
Vol(50)103.06K

ALPINE 4 HOLDINGS INC / ALPP FAQ

What is the ChartMill technical rating of ALPINE 4 HOLDINGS INC (ALPP) stock?

ChartMill assigns a technical rating of 0 / 10 to ALPP.


Can you provide the trend direction for ALPINE 4 HOLDINGS INC?

The current trend direction for ALPINE 4 HOLDINGS INC (ALPP) is Bearish.


What is the RSI signal for ALPINE 4 HOLDINGS INC (ALPP) stock?

ALPINE 4 HOLDINGS INC (ALPP) has an RSI value of 19.0372. This indicates that the stock is currently oversold.


What is the MACD signal for ALPINE 4 HOLDINGS INC (ALPP) stock?

The MACD indicator for ALPINE 4 HOLDINGS INC (ALPP) has a value of -0.00787935, indicating a bearish trend.


What is the short term momentum for ALPINE 4 HOLDINGS INC (ALPP) stock?

The short term momentum for ALPINE 4 HOLDINGS INC (ALPP) is neutral.