ALITHYA GROUP INC-CLASS A (ALYA) Stock Technical Analysis
NASDAQ:ALYA - Nasdaq - CA01643B1067 - Common Stock - Currency: USD
Taking everything into account, ALYA scores 0 out of 10 in our technical rating. ALYA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than ALYA.
ALYA is one of the lesser performing stocks in the IT Services industry. 76% of 82 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.
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.
More info and screens
1.12
1.72
When analyzing the resistance we notice 2 important 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.
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 ALYA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALYA is down. |
| ChartMill Relative Strength | 11.88 | NEGATIVE | ALYA has a low relative strength, it was outperformed by 88.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALYA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALYA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALYA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.14 | NEUTRAL | The RSI value for ALYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ALYA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.79 | OVERSOLD | The low Stochastics value suggests ALYA may be oversold. |
| Average True Range in percent/ATR (20) | 8.29 | HIGH VOLATILITY | The high ATR as a percentage value for ALYA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.1 | POSITIVE | The high ADX value value for ALYA suggests a strong trend. |
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)
1.13
+0.03 (+3.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
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
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