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Stock Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Alta Equipment Group Inc. Class A (NYSE:ALTG)

Long-Term Downtrend (-90) - ALTG is in a strong downtrend that is likely to continue. While ALTG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NYSE_ALTG
Open High Low ALTG Price Change
8.72 8.88 8.43 8.81 +0.25
Entry Signal

MarketClub’s Trade Triangles for ALTG

long term down The long-term trend has been DOWN since May 9th, 2024 at 10.47

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 12.29

short term down The short-term trend has been DOWN since May 23rd, 2024 at 8.50

Smart Scan Analysis for ALTG

Based on our trend formula, ALTG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ALTG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.72 8.88 8.43 8.81 +0.25
Prev. Close Volume Bid Ask Time
8.81 221096 2024-05-24 15:59:55
52wk High17.9852wk High Date2023-07-20
52wk Low8.3152wk Low Date2024-05-16
Average Volume432,021Shares Outstanding33,147
Assets156,330,000MLiabilities142,640,000M
P/E Ratio47.9444
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