ALTA EQUIPMENT GROUP INC (ALTG)
US02128L1061 - Common Stock
We assign a technical rating of 2 out of 10 to ALTG. In the last year, ALTG was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, ALTG is a bad performer in the overall market: 72% of all stocks are doing better.
ALTG is one of the lesser performing stocks in the Trading Companies & Distributors industry. 80% of 52 stocks in the same industry do better.
In the last month ALTG has a been trading in the 11.20 - 13.67 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ALTG 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 ALTG is lagging the market slightly.
ALTG has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
9.00
13.30
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.57 to 11.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.94 to 11.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.50 to 10.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @12.49 from a trend line in the weekly time frame.
- Resistance @12.71 from a trend line in the daily time frame.
- Resistance @12.96 from a horizontal line in the weekly time frame.
- Resistance @13.17 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
CRS28.34
Mansfield-1.85
10 Day High12.51
10 Day Low11.2
20 Day High13.67
20 Day Low11.2
52 Week High17.98
52 Week Low8.76
Performance
1 Week0.86%
2 Weeks-5.57%
1 Month-9.73%
3 Month5.6%
6 Month27.62%
12 Month-17.33%
2 Year3.91%
3 Year-9.03%
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)-0.11
RSI(14)44.65
LBB10.87
UBB13.07
ALTA EQUIPMENT GROUP INC
NYSE:ALTG (4/26/2024, 7:04:00 PM)
After market: 11.69 0 (0%)11.69
+0.25 (+2.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg2.19%
1 Week0.86%
2 Weeks-5.57%
1 Month-9.73%
3 Month5.6%
6 Month27.62%
12 Month-17.33%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.42
ATR(20)%3.71%
ATR Inc
Range Today0.37
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.51
10 Day Low11.2
20 Day High13.67
20 Day Low11.2
52 Week High17.98
52 Week Low8.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume160.50K
Volume Incr-26.73%
Vol(5)184.98K
Vol(50)271.45K