Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Alta Equipment Group Inc. Class A (NYSE:ALTG)
Sidelines Mode (-55) - ALTG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ALTG?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALTG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALTG
The long-term trend has been DOWN since Sep 8th, 2023 at 13.34
The intermediate-term trend has been DOWN since Nov 28th, 2023 at 9.51
The short-term trend has been UP since Dec 1st, 2023 at 9.90
Smart Scan Analysis for ALTG
Based on our trend formula, ALTG is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.6||52wk High Date||2023-03-10|
|52wk Low||8.76||52wk Low Date||2023-11-01|
|Average Volume||336,658||Shares Outstanding||32,368|