Technical Analysis for ALAC - Alberton Acquisition Corporation

Grade Last Price % Change Price Change
F 11.29 1.53% 0.17
ALAC closed up 1.53 percent on Friday, February 26, 2021, on 43 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Down Down
Historical ALAC trend table...

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Oversold Stochastic Weakness 0.00%
200 DMA Resistance Bearish 1.53%
Lower Bollinger Band Walk Weakness 1.53%
Down 3 Days in a Row Weakness 1.53%
Lower Bollinger Band Touch Weakness 1.53%
Oversold Stochastic Weakness 1.53%
Fell Below 200 DMA Bearish 1.16%
180 Bearish Setup Bearish Swing Setup 1.16%
Older End-of-Day Signals for ALAC ...

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Profile

Alberton Acquisition Corporation engages in acquisition, share exchange, share reconstruction, amalgamation, and other similar business combination with one or more businesses or entities. The company was formerly known as Wisdom Resources Group Limited and changed its name to Alberton Acquisition Corporation in July 2018. Alberton Acquisition Corporation was founded in 2005 and is based in Wanchai, Hong Kong.
Classification

Sector: Industrials
Industry: Conglomerates
Keywords:

Is ALAC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 16.25
52 Week Low 10.18
Average Volume 200,936
200-Day Moving Average 11.24
50-Day Moving Average 12.86
20-Day Moving Average 12.73
10-Day Moving Average 11.98
Average True Range 0.80
ADX 28.39
+DI 15.48
-DI 27.64
Chandelier Exit (Long, 3 ATRs ) 11.91
Chandelier Exit (Short, 3 ATRs ) 12.99
Upper Bollinger Band 14.63
Lower Bollinger Band 10.82
Percent B (%b) 0.12
BandWidth 29.97
MACD Line -0.54
MACD Signal Line -0.29
MACD Histogram -0.248
Fundamentals Value
Market Cap 52.12 Million
Num Shares 4.62 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio 2822.50
Price-to-Sales 0.00
Price-to-Book 6.50
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.36
Resistance 3 (R3) 12.33 11.96 12.18
Resistance 2 (R2) 11.96 11.69 11.97 12.12
Resistance 1 (R1) 11.62 11.52 11.79 11.65 12.06
Pivot Point 11.25 11.25 11.33 11.26 11.25
Support 1 (S1) 10.91 10.98 11.08 10.94 10.52
Support 2 (S2) 10.54 10.81 10.55 10.46
Support 3 (S3) 10.20 10.54 10.40
Support 4 (S4) 10.23