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ALITHYA GROUP INC-CLASS A (ALYA) Stock Technical Analysis

USA - NASDAQ:ALYA - CA01643B1067 - Common Stock

1.13 USD
+0.03 (+3.2%)
Last: 2/8/2024, 8:00:00 PM
1.07 USD
-0.06 (-5.31%)
After Hours: 2/8/2024, 8:00:00 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ALYA. ALYA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ALYA is a bad performer in the overall market: 89% of all stocks are doing better.
ALYA is one of the lesser performing stocks in the IT Services industry. 65% of 85 stocks in the same industry do better.
ALYA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALYA is lagging the market.
In the last month ALYA has a been trading in the 1.04 - 1.53 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
ALITHYA GROUP INC-CLASS A / ALYA Weekly stock chart
ALITHYA GROUP INC-CLASS A / ALYA Daily stock chart
Setup Rating and Analysis

3

The technical rating of ALYA is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

1.12

1.72

We can see 2 important resistance areas.

  • A resistance zone ranging from 1.43 to 1.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 1.68 to 1.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ALYA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ALYA is down.
ChartMill Relative Strength11.88NEGATIVEALYA has a low relative strength, it was outperformed by 88.12% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ALYA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ALYA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ALYA is below a declining SMA(200).
Relative Strength Index/RSI (14)36.14NEUTRALThe RSI value for ALYA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests ALYA has a negative trend, although the MACD value is rising.
Stochastics (14,3)19.79OVERSOLDThe low Stochastics value suggests ALYA may be oversold.
Average True Range in percent/ATR (20)8.29HIGH VOLATILITYThe high ATR as a percentage value for ALYA suggests high volalility.
Average Directional Index/ADX (14)35.1POSITIVEThe high ADX value value for ALYA suggests a strong trend.
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)
ALITHYA GROUP INC-CLASS A / ALYA Daily stock chart

ALITHYA GROUP INC-CLASS A

NASDAQ:ALYA (2/8/2024, 8:00:00 PM)

After market: 1.07 -0.06 (-5.31%)

1.13

+0.03 (+3.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryIT Services
Performance
% Chg3.2%
1 Week-6.61%
2 Weeks-23.13%
1 Month-19.29%
3 Month-14.39%
6 Month-39.25%
12 Month-36.16%
2 Year-60.35%
3 Year-48.17%
5 Year-58.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%8.29%
ATR Inc24.47%
Range Today0.13
ADR(20)0.09
ADR(20)%8.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.88
3 months CRSN/A
6 months CRSN/A
Mansfield-4.02
10 Day High1.47
10 Day Low1.04
20 Day High1.53
20 Day Low1.04
52 Week High2.25
52 Week Low0.98
CS1 EndN/A
CR1 Start1.43
Volume & EV
DER(3)-31.26%
DER(5)-22.31%
Volume41.40K
Volume Incr109.36%
Vol(5)77.14K
Vol(50)44.59K

ALITHYA GROUP INC-CLASS A / ALYA FAQ

Can you provide the ChartMill technical rating for ALITHYA GROUP INC-CLASS A?

ChartMill assigns a technical rating of 0 / 10 to ALYA.


What is the current trend direction of ALITHYA GROUP INC-CLASS A (ALYA) stock?

The current trend direction for ALITHYA GROUP INC-CLASS A (ALYA) is Bearish.


Can you provide the RSI signal for ALITHYA GROUP INC-CLASS A?

ALITHYA GROUP INC-CLASS A (ALYA) has an RSI value of 36.1428. This indicates that the stock is currently neutral.


What is the MACD signal for ALITHYA GROUP INC-CLASS A (ALYA) stock?

The MACD indicator for ALITHYA GROUP INC-CLASS A (ALYA) has a value of -0.0366167, indicating a bearish trend.


What is the buy/sell signal for ALYA stock?

The buy/sell signal for ALITHYA GROUP INC-CLASS A (ALYA) is sell as both the short term and long term trends are negative.