GLOBAL X ALTERNATIVE INCOME (ALTY) Technical Analysis
NASDAQ:ALTY • US37954Y8066
Current stock price
11.92 USD
-0.23 (-1.86%)
At close:
12.12 USD
+0.2 (+1.68%)
After Hours:
ALTY Technical Rating and Analysis
Overall ALTY gets a technical rating of 1 out of 10. ALTY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Warning: ALTY has an average volume of 22778 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- ALTY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ALTY is performing more or less in line with the market.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, ALTY turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- In the last month ALTY has a been trading in a tight range between 11.91 and 12.58.
- Considerably lower volume is observed in the last couple of days.
ALTY Weekly and Daily overview Charts
ALTY Setup Rating and Analysis
The technical rating of ALTY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ALTY Support and Resistance Analysis
10.89
12.66
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.71 to 11.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 11.45 to 11.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.26 from a horizontal line in the weekly time frame.
- Support @11.00 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.02 to 12.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ALTY 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 | NEUTRAL | NEUTRAL | The long term trend for ALTY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALTY is down. |
| ChartMill Relative Strength | 50.23 | NEUTRAL | ALTY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALTY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALTY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALTY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 25.44 | OVERSOLD | The low RSI value suggests ALTY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ALTY has a negative trend. |
| Stochastics (14,3) | 6.9 | OVERSOLD | The low Stochastics value suggests ALTY may be oversold. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for ALTY suggests low volalility. |
| Average Directional Index/ADX (14) | 29.38 | POSITIVE | The high ADX value value for ALTY suggests a strong trend. |
ALTY 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)
ALTY Technicals: Chart, Performance Metrics, Trend & Indicators
11.92
-0.23 (-1.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.86%
1 Week-1.85%
2 Weeks-2.85%
1 Month-4.39%
3 Month-0.45%
6 Month0.8%
12 Month1.02%
2 Year3.34%
3 Year5.11%
5 Year-6.14%
10 Year-17.39%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.93%
ATR Inc61.01%
Range Today0.28
ADR(20)0.1
ADR(20)%0.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.23
3 months CRS66.26
6 months CRS66.29
Mansfield-0.09
10 Day High12.35
10 Day Low11.91
20 Day High12.58
20 Day Low11.91
52 Week High12.58
52 Week Low10.57
CS1 End11.72
CR1 Start12.02
Volume & EV
DER(3)-0.94%
DER(5)0%
Volume16.20K
Volume Incr-33.5%
Vol(5)11.70K
Vol(50)22.78K
GLOBAL X ALTERNATIVE INCOME / ALTY TA FAQ
Can you provide the ChartMill technical rating for GLOBAL X ALTERNATIVE INCOME?
ChartMill assigns a technical rating of 1 / 10 to ALTY.
Can you provide the trend direction for GLOBAL X ALTERNATIVE INCOME?
The current trend direction for GLOBAL X ALTERNATIVE INCOME (ALTY) is Bearish.
What is the RSI signal for ALTY stock?
GLOBAL X ALTERNATIVE INCOME (ALTY) has an RSI value of 25.4383. This indicates that the stock is currently oversold.
Can you provide the short term momentum for GLOBAL X ALTERNATIVE INCOME?
The short term momentum for GLOBAL X ALTERNATIVE INCOME (ALTY) is negative.