ANGHAMI INC (ANGH) Stock Technical Analysis
NASDAQ:ANGH - Nasdaq - KYG0369L1014 - Common Stock - Currency: USD
Overall ANGH gets a technical rating of 0 out of 10. ANGH'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.
100% of all other stocks performed better in the past year than ANGH.
ANGH is part of the Entertainment industry. There are 74 other stocks in this industry, of which 91% are performing better than ANGH.
ANGH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ANGH has a been trading in the 2.53 - 70.50 range, which is quite wide. It is currently trading near the lows of this range.
ANGH has an average volume of 1175630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
ANGH has a poor technical rating and the quality of the setup is also not perfect 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
3.13
3.34
We found 1 important resistance area.
- A resistance zone ranging from 3.28 to 3.31. This zone is formed by a combination of multiple trend lines and important moving averages 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 ANGH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ANGH is down. |
| ChartMill Relative Strength | 0.09 | NEGATIVE | ANGH has a low relative strength, it was outperformed by 99.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ANGH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ANGH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ANGH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.68 | OVERSOLD | The low RSI value suggests ANGH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ANGH has a positive trend. |
| Stochastics (14,3) | 15.71 | OVERSOLD | The low Stochastics value suggests ANGH may be oversold. |
| Average True Range in percent/ATR (20) | 171.44 | HIGH VOLATILITY | The high ATR as a percentage value for ANGH suggests high volalility. |
| Average Directional Index/ADX (14) | 33.56 | POSITIVE | The high ADX value value for ANGH 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)
3.16
-0.14 (-4.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-4.24%
1 Week-3.36%
2 Weeks-7.33%
1 Month-92.98%
3 Month-94.36%
6 Month-95.39%
12 Month-96.41%
2 Year-96.45%
3 Year-98.9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.59
ATR(20)%171.44%
ATR Inc-94.91%
Range Today0.27
ADR(20)3.25
ADR(20)%102.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.09
Mansfield-9.55
10 Day High3.62
10 Day Low3
20 Day High70.5
20 Day Low2.53
52 Week High94.6
52 Week Low2.53
CS1 EndN/A
CR1 Start3.28
Volume & EV
DER(3)-0.32%
DER(5)-3.34%
Volume12.25K
Volume Incr-99.2%
Vol(5)23.09K
Vol(50)1.18M