Stock Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Alta Equipment Group Inc. Depositary Shares (each representing 1/1000th in a share of 10% Series A Cumulative Perpetual Preferred Stock) (NYSE:ALTG.PR.A)
Long-Term Downtrend (-90) - ALTG.PR.A is in a strong downtrend that is likely to continue. While ALTG.PR.A 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.PR.A?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALTG.PR.A.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALTG.PR.A
The long-term trend has been DOWN since Nov 15th, 2021 at 27.90
The intermediate-term trend has been DOWN since Oct 5th, 2021 at 28.01
The short-term trend has been DOWN since Nov 12th, 2021 at 28.32
Smart Scan Analysis for ALTG.PR.A
Based on our trend formula, ALTG.PR.A is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).