ALIGHT INC - CLASS A (ALIT) Stock Technical Analysis
NYSE:ALIT - New York Stock Exchange, Inc. - US01626W1018 - Common Stock
Taking everything into account, ALIT scores 1 out of 10 in our technical rating. ALIT 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, ALIT is a bad performer in the overall market: 82% of all stocks are doing better.
ALIT is part of the Professional Services industry. There are 82 other stocks in this industry, of which 60% are performing better than ALIT.
ALIT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ALIT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ALIT has an average volume of 6196370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, ALIT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.53, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALIT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.44
10.09
We found 1 important support area.
- A support zone ranging from 6.51 to 6.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 7 important resistance areas.
- Resistance @6.93 from a horizontal line in the daily time frame.
- Resistance @7.19 from a horizontal line in the daily time frame.
- Resistance @7.44 from a horizontal line in the daily time frame.
- Resistance @7.62 from a trend line in the weekly time frame.
- Resistance @8.18 from a trend line in the daily time frame.
- Resistance @8.35 from a horizontal line in the daily time frame.
- Resistance @9.99 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.37
Mansfield-2.16
10 Day High6.97
10 Day Low6.33
20 Day High7.13
20 Day Low6.33
52 Week High10.38
52 Week Low6.15
Performance
1 Week3.82%
2 Weeks0.59%
1 Month-3.82%
3 Month-6.34%
6 Month-6.73%
12 Month-20.21%
2 Year-27.69%
3 Year-29.71%
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)0.03
RSI(14)43.35
LBB6.55
UBB6.98
ALIGHT INC - CLASS A
NYSE:ALIT (1/17/2025, 8:04:00 PM)
After market: 6.79 0 (0%)6.79
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0%
1 Week3.82%
2 Weeks0.59%
1 Month-3.82%
3 Month-6.34%
6 Month-6.73%
12 Month-20.21%
2 Year-27.69%
3 Year-29.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%2.86%
ATR Inc-38.15%
Range Today0.13
ADR(20)0.18
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.37
Mansfield-2.16
10 Day High6.97
10 Day Low6.33
20 Day High7.13
20 Day Low6.33
52 Week High10.38
52 Week Low6.15
CS1 End6.53
CR1 Start6.93
Volume & EV
DER(3)1.05%
DER(5)3.25%
Volume4.51M
Volume Incr-15.64%
Vol(5)4.53M
Vol(50)6.20M