ALTA EQUIPMENT GROUP INC (ALTG)
US02128L1061 - Common Stock
Overall ALTG gets a technical rating of 6 out of 10. In the past year, ALTG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
ALTG is part of the Trading Companies & Distributors industry. There are 51 other stocks in this industry, of which 64% are performing better than ALTG.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ALTG has a been trading in the 5.83 - 8.60 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.
When compared to the yearly performance of all other stocks, ALTG outperforms 47% of them, which is more or less in line with the market.
ALTG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALTG is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ALTG has an average technical rating and it also does not offer a high quality setup 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
5.72
10.06
When analyzing the support we notice one important area.
- Support @5.78 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @8.00 from a horizontal line in the weekly time frame.
- Resistance @8.47 from a horizontal line in the daily time frame.
- A resistance zone ranging from 8.87 to 9.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.18 from a trend line in the weekly time frame.
- Resistance @9.96 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.42
Mansfield-2.71
10 Day High8.6
10 Day Low6.4
20 Day High8.6
20 Day Low5.83
52 Week High13.67
52 Week Low5.4
Performance
1 Week22.73%
2 Weeks24.07%
1 Month30.34%
3 Month32.72%
6 Month-7.09%
12 Month-20.1%
2 Year-33.64%
3 Year-45.31%
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)0.21
RSI(14)65.71
LBB5.5
UBB8.53
ALTA EQUIPMENT GROUP INC
NYSE:ALTG (11/12/2024, 8:04:00 PM)
After market: 7 -0.99 (-12.39%)7.99
-0.47 (-5.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-5.56%
1 Week22.73%
2 Weeks24.07%
1 Month30.34%
3 Month32.72%
6 Month-7.09%
12 Month-20.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.46
ATR(20)%5.3%
ATR Inc
Range Today0.67
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.6
10 Day Low6.4
20 Day High8.6
20 Day Low5.83
52 Week High13.67
52 Week Low5.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume545.30K
Volume Incr156.78%
Vol(5)603.50K
Vol(50)286.55K