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ALPINE SUMMIT ENERGY PARTNER (ALPS) Stock Technical Analysis

NASDAQ:ALPS - Nasdaq - CA0210091058 - Common Stock - Currency: USD

0.1425  -0.04 (-21.18%)

After market: 0.1368 -0.01 (-4%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ALPS. ALPS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ALPS is a bad performer in the overall market: 100% of all stocks are doing better.
ALPS is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 91% are performing better than ALPS.
ALPS is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ALPS is lagging the market.
In the last month ALPS has a been trading in the 0.14 - 0.72 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 SUMMIT ENERGY PARTNER / ALPS Weekly stock chart
ALPINE SUMMIT ENERGY PARTNER / ALPS Daily stock chart
Setup Rating and Analysis

3

The technical rating of ALPS is bad and it also does not present a quality setup 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.

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 ALPS is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ALPS is down.
ChartMill Relative Strength0NEGATIVEALPS has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ALPS is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ALPS is below a declining SMA(50).
Relative Strength Index/RSI (14)17.77OVERSOLDThe low RSI value suggests ALPS may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests ALPS has a negative trend, although the MACD value is rising.
Stochastics (14,3)1.08OVERSOLDThe low Stochastics value suggests ALPS may be oversold.
Average True Range in percent/ATR (20)46.16HIGH VOLATILITYThe high ATR as a percentage value for ALPS suggests high volalility.
Average Directional Index/ADX (14)38.14POSITIVEThe high ADX value value for ALPS suggests a strong 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 SUMMIT ENERGY PARTNER / ALPS Daily stock chart

ALPINE SUMMIT ENERGY PARTNER

NASDAQ:ALPS (7/20/2023, 8:00:00 PM)

After market: 0.1368 -0.01 (-4%)

0.1425

-0.04 (-21.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-21.18%
1 Week-44.34%
2 Weeks-50.86%
1 Month-80.48%
3 Month-81.71%
6 Month-96.85%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%46.16%
ATR Inc-46.38%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.3
10 Day Low0.14
20 Day High0.72
20 Day Low0.14
52 Week High6.18
52 Week Low0.14
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-9.43%
DER(5)-7.42%
Volume2.46M
Volume Incr6.53%
Vol(5)1.02M
Vol(50)581.84K