ALTEVA (ALTV) Technical Analysis
NYSEARCA:ALTV • US02153V1026
Current stock price
ALTV Technical Rating and Analysis
Taking everything into account, ALTV scores 4 out of 10 in our technical rating. In the past year, ALTV was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, ALTV is a bad performer in the overall market: 84% of all stocks are doing better.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- ALTV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALTV is lagging the market.
- In the last month ALTV has a been trading in a tight range between 4.55 and 4.76.
- Volume is considerably higher in the last couple of days.
ALTV Weekly and Daily overview Charts
ALTV Setup Rating and Analysis
Although the technical rating is only medium, ALTV does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALTV in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
ALTV Support and Resistance Analysis
4.36
We found 2 important support areas.
- A support zone ranging from 4.54 to 4.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.40 to 4.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.75 to 4.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.49 from a trend line in the weekly time frame.
ALTV 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 | DOWN | NEGATIVE | The long term trend for ALTV is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALTV is up. |
| ChartMill Relative Strength | 16.59 | NEGATIVE | ALTV has a low relative strength, it was outperformed by 83.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALTV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALTV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALTV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.92 | NEUTRAL | The RSI value for ALTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ALTV has a positive trend. |
| Stochastics (14,3) | 73.33 | NEUTRAL | The Stochastics value for ALTV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for ALTV suggests low volalility. |
ALTV Chart- and CandleStick Pattern Analysis
ALTV Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:ALTV (12/21/2015, 8:36:31 PM)
4.7
-0.04 (-0.84%)
ALTEVA / ALTV TA FAQ
What is the technical rating for ALTV stock?
ChartMill assigns a technical rating of 4 / 10 to ALTV.
Can you provide the trend direction for ALTEVA?
The current trend direction for ALTEVA (ALTV) is Bearish.
What is the RSI signal for ALTEVA (ALTV) stock?
ALTEVA (ALTV) has an RSI value of 64.916. This indicates that the stock is currently neutral.
What is the short term momentum for ALTEVA (ALTV) stock?
The short term momentum for ALTEVA (ALTV) is positive.
What is the support and resistance level for ALTV stock?
ALTEVA (ALTV) has a support level at 4.66 and a resistance level at 4.75. Check the full technical report for our detailed analysis of ALTV support and resistance levels.