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Alta Equipment Group Inc.

ALTG Technical Analysis Summary (NYSE)

Analyze ALTG on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ALTG●NYSE
IndustrialsRental & Leasing Services
$7.25
$0.10(1.40%)
U.S. Market opens in 48h 18m

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 (NYSE)

Alta Equipment Group Inc. (NYSE: ALTG) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 54.82)
Trend Strength:Weak (ADX: 12.31)
Volatility:High (ATR: 0.53)
Support/Resistance:$5.67 – $8.01 (Bollinger Bands)

Technical conditions suggest Alta Equipment Group Inc. on the NYSE is awaiting a decisive move. Technical conditions suggest Alta Equipment Group Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 54.82

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 71.56

Bullish
Buying momentum building without extremes.

Williams %R: -35.78

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 13.32

Strongly Bullish
Strong upside momentum.

Takeaway:Alta Equipment Group Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.24

Bullish
Bullish, trend momentum is strengthening.

ADX: 12.31

Weak
Weak trend, market trading sideways.

ATR (14): 0.53

Low
Low volatility, stable price action.

CCI (14): 17.26

Neutral
Neutral, no strong directional signal.

Takeaway:Alta Equipment Group Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.01
Middle Band (SMA 20)
$6.84
Lower Band
$5.67
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$8.08
Middle Line (EMA 20)
$7.03
Lower Channel
$5.97
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume372.39K
Money Flow Index54.57Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.25Neutral to Bullish, buyers hold a slight edge.

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. (NYSE: ALTG), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

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

Bearish Signals

No significant bearish signals detected.

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

(NYSE: ALTG) Technical Analysis FAQ