ALTC ACQUISITION CORP-CL A (ALCC) Stock Technical Analysis
NYSE:ALCC - New York Stock Exchange, Inc. - US02156V1098 - Common Stock - Currency: USD
Overall ALCC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALCC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by ALCC, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so ALCC is leading the market.
In the last month ALCC has a been trading in the 12.25 - 18.80 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ALCC has an average volume of 1174630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ALCC is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ALCC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.23
18.41
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.84 to 10.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.62 to 10.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 10.33 to 10.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.46
Mansfield5.1
10 Day High18.8
10 Day Low12.52
20 Day High18.8
20 Day Low12.25
52 Week High18.8
52 Week Low10.27
Performance
1 Week42.31%
2 Weeks40.23%
1 Month35.94%
3 Month71.82%
6 Month76.99%
12 Month74.7%
2 Year88.72%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.33
RSI(14)72.88
LBB11.24
UBB16.93
18.23
+3.06 (+20.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg20.17%
1 Week42.31%
2 Weeks40.23%
1 Month35.94%
3 Month71.82%
6 Month76.99%
12 Month74.7%
2 Year88.72%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.6
ATR(20)%7.03%
ATR Inc137.58%
Range Today3.39
ADR(20)1.22
ADR(20)%6.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.46
Mansfield5.1
10 Day High18.8
10 Day Low12.52
20 Day High18.8
20 Day Low12.25
52 Week High18.8
52 Week Low10.27
CS1 End10.89
CR1 StartN/A
Volume & EV
DER(3)-0.35%
DER(5)1.74%
Volume5.26M
Volume Incr119.89%
Vol(5)3.36M
Vol(50)1.17M