NASDAQ:ALTS - Nasdaq - US47089W1045 - Common Stock - Currency: USD
Taking everything into account, ALTS scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, ALTS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ALTS in the last couple of days, which is a good sign.
4.83
3 important support areas can be observed.
We found 1 important resistance area.
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 ALTS is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALTS is neutral. |
ChartMill Relative Strength | 97.94 | POSITIVE | ALTS has a high relative strength, it outperformed 97.94% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALTS is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of ALTS is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALTS is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 44.47 | NEUTRAL | The RSI value for ALTS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ALTS has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 41.85 | NEUTRAL | The Stochastics value for ALTS is a neutral value. |
Average True Range in percent/ATR (20) | 11.71 | HIGH VOLATILITY | The high ATR as a percentage value for ALTS suggests high volalility. |
Average Directional Index/ADX (14) | 21.58 | NEUTRAL | The ADX value for ALTS suggests a possible start of a new trend. |
7.32
-0.5 (-6.39%)