ALTO INGREDIENTS INC. - 1H - Technical analysis published on 03/10/2022 (GMT)
- 163
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 5.75 USD
My targets
5.99 USD (+2.57%)
6.30 USD (+7.88%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on ALTO INGREDIENTS INC. as long as the price remains well above 5.75 USD. The buyers' bullish objective is set at 5.99 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.30 USD. If there is any crossing, the next objective would be the resistance located at 6.87 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.2
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ALTO INGREDIENTS INC. rating is 5.84 USD. The price registered a decrease of -0.85% on the session with the lowest point at 5.66 USD and the highest point at 6.07 USD. The deviation from the price is +3.18% for the low point and -3.79% for the high point.5.66
6.07
5.84
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ALTO INGREDIENTS INC.:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ALTO INGREDIENTS INC. in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.11 | 5.50 | 5.75 | 5.84 | 5.99 | 6.30 | 6.87 |
| Change (%) | -12.50% | -5.82% | -1.54% | - | +2.57% | +7.88% | +17.64% |
| Change | -0.73 | -0.34 | -0.09 | - | +0.15 | +0.46 | +1.03 |
| Level | Intermediate | Intermediate | Minor | - | Major | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.23 | 5.45 | 5.64 | 5.86 | 6.05 | 6.27 | 6.46 |
| Camarilla | 5.73 | 5.77 | 5.80 | 5.84 | 5.88 | 5.92 | 5.95 |
| Woodie | 5.23 | 5.44 | 5.64 | 5.85 | 6.05 | 6.26 | 6.46 |
| Fibonacci | 5.45 | 5.60 | 5.70 | 5.86 | 6.01 | 6.11 | 6.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.85 | 5.21 | 5.45 | 5.81 | 6.05 | 6.41 | 6.65 |
| Camarilla | 5.54 | 5.59 | 5.65 | 5.70 | 5.76 | 5.81 | 5.87 |
| Woodie | 4.80 | 5.18 | 5.40 | 5.78 | 6.00 | 6.38 | 6.60 |
| Fibonacci | 5.21 | 5.44 | 5.58 | 5.81 | 6.04 | 6.18 | 6.41 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.19 | 4.58 | 5.20 | 5.59 | 6.21 | 6.60 | 7.22 |
| Camarilla | 5.55 | 5.65 | 5.74 | 5.83 | 5.92 | 6.02 | 6.11 |
| Woodie | 4.32 | 4.64 | 5.33 | 5.65 | 6.34 | 6.66 | 7.35 |
| Fibonacci | 4.58 | 4.96 | 5.20 | 5.59 | 5.97 | 6.21 | 6.60 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.33 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 5.88 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 5.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.04 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 5.60 | |
| Zig ZAG (10): | 5.85 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 30.11 | |
| TEMA (21): | 5.79 | |
| Williams %R (14): | -56.10 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | 1.3300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.95 |
| MA7: | 5.87 | |
| MA20: | 5.69 | |
| MA50: | 5.36 | |
| MA100: | 5.31 | |
| MAexp7: | 5.79 | |
| MAexp20: | 5.79 | |
| MAexp50: | 5.77 | |
| MAexp100: | 5.70 | |
| Price / MA7: | -0.51% | |
| Price / MA20: | +2.64% | |
| Price / MA50: | +8.96% | |
| Price / MA100: | +9.98% | |
| Price / MAexp7: | +0.86% | |
| Price / MAexp20: | +0.86% | |
| Price / MAexp50: | +1.21% | |
| Price / MAexp100: | +2.46% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The last news published on ALTO INGREDIENTS INC. at the time of the generation of this analysis was as follows:
- Thinking about buying stock in Ford, BioNTech, Pacific Ethanol, Inphi Corp, or Niu Technologies?
- Thinking about buying stock in Ford, Pacific Ethanol, O2Micro, Virgin Galactic, or Uxin?
-
Pacific Ethanol, Inc. - PEIX Stock Chart Technical Analysis for 09-29-2020
-
Pacific Ethanol, Inc. - PEIX Stock Chart Technical Analysis for 09-22-2020
-
Pacific Ethanol, Inc. - PEIX Stock Chart Technical Analysis for 09-21-2020
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis ALTO INGREDIENTS INC. - 1H