NYSE:ALTM - New York Stock Exchange, Inc. - JE00BM9HZ112 - Common Stock - Currency: USD
Overall ALTM 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, ALTM is showing a nice and steady performance.
Besides having an excellent technical rating, ALTM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.83, a Stop Loss order could be placed below this zone.
5.64
We found 1 important support area.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
5.86 | 5.81 | 0.05 (0.85%) | 25.00% |
An entry @5.86. This is a Buy Stop order right above the resistance zone. | An exit @5.81. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 0.85%. | For a 0.21% total portfolio risk, you can invest 25.00% of your capital in this trade. |
5.84
0 (0%)