ANGHAMI INC (ANGH) Stock Technical Analysis
NASDAQ:ANGH - Nasdaq - KYG0369L1014 - Common Stock - Currency: USD
Taking everything into account, ANGH scores 0 out of 10 in our technical rating. 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.
97% of all other stocks performed better in the past year than ANGH.
ANGH is part of the Entertainment industry. There are 72 other stocks in this industry, of which 85% 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 0.44 - 0.65 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.
Although the technical rating is bad, ANGH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.45
0.60
We can see 2 important resistance areas.
- Resistance @0.57 from a trend line in the daily time frame.
- A resistance zone ranging from 0.59 to 0.59. 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 ANGH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ANGH is down. |
| ChartMill Relative Strength | 3.82 | NEGATIVE | ANGH has a low relative strength, it was outperformed by 96.18% 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) | 42.26 | NEUTRAL | The RSI value for ANGH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ANGH has a negative trend. |
| Stochastics (14,3) | 9.03 | OVERSOLD | The low Stochastics value suggests ANGH may be oversold. |
| Average True Range in percent/ATR (20) | 10.61 | HIGH VOLATILITY | The high ATR as a percentage value for ANGH suggests high volalility. |
| Average Directional Index/ADX (14) | 29.46 | 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)
0.4505
-0.02 (-3.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-3.22%
1 Week-7.36%
2 Weeks-6.34%
1 Month-6.15%
3 Month-29.61%
6 Month-37.53%
12 Month-53.94%
2 Year-61.98%
3 Year-82.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%10.61%
ATR Inc-45.42%
Range Today0.03
ADR(20)0.05
ADR(20)%10.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.82
Mansfield-4.16
10 Day High0.65
10 Day Low0.44
20 Day High0.65
20 Day Low0.44
52 Week High0.99
52 Week Low0.42
CS1 EndN/A
CR1 Start0.57
Volume & EV
DER(3)-14.53%
DER(5)-9.54%
Volume12.65M
Volume Incr8276.83%
Vol(5)3.17M
Vol(50)337.36K