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Alta Equipment Group Inc.

ALTGNYSE
Industrials
Rental & Leasing Services
$6.92
$0.00(0.00%)
U.S. Market is Open • 12:50

Alta Equipment Group Inc. (ALTG) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Alta Equipment Group Inc. (NYSE:ALTG).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ALTG Technical Analysis Summary

Alta Equipment Group Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 62.04)
Trend Strength:Strong (ADX: 35.81)
Volatility:High (ATR: 0.36)
Support/Resistance:$6.34 – $7.31 (Bollinger Bands)

This mix signals that Alta Equipment Group Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 62.04

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 45.76

Neutral
Mid-range signal with no clear trend.

Williams %R: -45.45

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 4.44

Bullish
Steady upward momentum.

Takeaway:Alta Equipment Group Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.26

Bullish
Bullish, trend momentum is strengthening.

ADX: 35.81

Strong
Strong trend, momentum well established.

ATR (14): 0.36

Low
Low volatility, stable price action.

CCI (14): 36.11

Bullish
Bullish, momentum building upward.

Takeaway:Alta Equipment Group Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.31
Middle Band (SMA 20)
$6.82
Lower Band
$6.34
Current Position
Within Bands

Takeaway:Alta Equipment Group Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$7.45
Middle Line (EMA 20)
$6.73
Lower Channel
$6.00
Squeeze Status
Squeeze On

Takeaway:Alta Equipment Group Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume3.38M
Money Flow Index56.85Neutral, balanced money flows with no clear signal.
Relative Vigor Index74.44Bullish, price momentum strongly favors buyers.

Overall Takeaway:ALTG shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Alta Equipment Group Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Alta Equipment Group Inc. are mixed, suggesting a Hold or wait-and-see approach.

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