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ALJ REGIONAL HOLDINGS INC (ALJJ) Stock Technical Analysis

NASDAQ:ALJJ - Nasdaq - US0016271084 - Common Stock - Currency: USD

1.62  -0.2 (-10.99%)

After market: 1.6 -0.02 (-1.23%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to ALJJ. Although ALJJ is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that ALJJ is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
ALJJ is an average performer in the IT Services industry, it outperforms 65% of 82 stocks in the same industry.
ALJJ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALJJ is lagging the market.
In the last month ALJJ has a been trading in the 1.41 - 2.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ALJ REGIONAL HOLDINGS INC / ALJJ Weekly stock chart
ALJ REGIONAL HOLDINGS INC / ALJJ Daily stock chart
Setup Rating and Analysis

4

ALJJ 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.

Support and Resistance Analysis

1.05

2.09

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 1.49 to 1.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @1.46 from a horizontal line in the daily time frame.
  • Support @1.06 from a horizontal line in the weekly time frame.

We can see 4 important resistance areas.

  • Resistance @1.82 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 1.87 to 1.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.96 from a trend line in the daily time frame.
  • Resistance @2.07 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.09
Mansfield-0.85
10 Day High1.95
10 Day Low1.45
20 Day High2.08
20 Day Low1.41
52 Week High2.8
52 Week Low0.96
Performance
1 Week8%
2 Weeks4.52%
1 Month-19.4%
3 Month-23.22%
6 Month-34.15%
12 Month32.79%
2 YearN/A
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)0.03
RSI(14)44.78
LBB1.37
UBB1.72
ALJ REGIONAL HOLDINGS INC / ALJJ Daily stock chart

ALJ REGIONAL HOLDINGS INC

NASDAQ:ALJJ (9/9/2022, 8:25:02 PM)

After market: 1.6 -0.02 (-1.23%)

1.62

-0.2 (-10.99%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-10.99%
1 Week8%
2 Weeks4.52%
1 Month-19.4%
3 Month-23.22%
6 Month-34.15%
12 Month32.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%8.03%
ATR Inc154.33%
Range Today0.34
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.09
Mansfield-0.85
10 Day High1.95
10 Day Low1.45
20 Day High2.08
20 Day Low1.41
52 Week High2.8
52 Week Low0.96
CS1 End1.49
CR1 Start1.82
Volume & EV
DER(3)0.68%
DER(5)1.15%
Volume1.39M
Volume Incr197.8%
Vol(5)609.82K
Vol(50)177.55K