ALERISLIFE INC (ALR) Technical Analysis
NASDAQ:ALR • US33832D2053
Current stock price
ALR Technical Rating and Analysis
Taking everything into account, ALR scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ALR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- ALR is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 89% of 100 stocks in the same industry.
- ALR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Looking at the yearly performance, ALR did better than 94% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- ALR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALR is lagging the market slightly.
ALR Weekly and Daily overview Charts
ALR Setup Rating and Analysis
ALR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.32, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ALR Support and Resistance Analysis
1.28
When analyzing the support we notice one important area.
- A support zone ranging from 1.29 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.33 to 1.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
ALR 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 | UP | POSITIVE | The long term trend for ALR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALR is up. |
| ChartMill Relative Strength | 94.37 | POSITIVE | ALR has a high relative strength, it outperformed 94.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ALR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.17 | NEUTRAL | The RSI value for ALR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ALR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.3 | NEUTRAL | The Stochastics value for ALR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for ALR suggests low volalility. |
| Average Directional Index/ADX (14) | 47.62 | POSITIVE | The high ADX value value for ALR suggests a strong trend. |
ALR Chart- and CandleStick Pattern Analysis
ALR Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.33 | 1.29 | 0.04 (3.08%) | 25.00% |
| An entry @1.33. This is a Buy Stop order right above the 10 day high. | An exit @1.29. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 3.08%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ALR Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ALR (3/17/2023, 8:00:00 PM)
1.32
+0.01 (+0.76%)
ALERISLIFE INC / ALR TA FAQ
What is the technical rating for ALR stock?
ChartMill assigns a technical rating of 8 / 10 to ALR.
Can you provide the trend direction for ALERISLIFE INC?
The current trend direction for ALERISLIFE INC (ALR) is Bullish.
What is the RSI signal for ALR stock?
ALERISLIFE INC (ALR) has an RSI value of 69.1662. This indicates that the stock is currently neutral.
What is the MACD signal for ALERISLIFE INC (ALR) stock?
The MACD indicator for ALERISLIFE INC (ALR) has a value of -0.0194249, indicating a bearish trend.
Can you provide the short term momentum for ALERISLIFE INC?
The short term momentum for ALERISLIFE INC (ALR) is positive.