ASTERA LABS INC (ALAB) Stock Technical Analysis
NASDAQ:ALAB - US04626A1034 - Common Stock
182.2 USD
-6.95 (-3.67%)
181.7 USD
-0.5 (-0.27%)
Overall ALAB gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALAB is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ALAB is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by ALAB over the past year are nicely spread over this period.
ALAB is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 99% of 110 stocks in the same industry.
ALAB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ALAB has a been trading in the 134.21 - 199.47 range, which is quite wide. It is currently trading near the high of this range.
ALAB has an average volume of 5745720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ALAB also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
86.63
195.59
When analyzing the support we can see 4 important areas.
- A support zone ranging from 176.47 to 179.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @171.05 from a horizontal line in the daily time frame.
- Support @116.57 from a trend line in the daily time frame.
- Support @87.50 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @193.65 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ALAB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALAB is up. |
| ChartMill Relative Strength | 98.77 | POSITIVE | ALAB has a high relative strength, it outperformed 98.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.99 | NEUTRAL | The RSI value for ALAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.29 | NEGATIVE | The MACD value suggests ALAB has a negative trend. |
| Stochastics (14,3) | 58.11 | NEUTRAL | The Stochastics value for ALAB is a neutral value. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for ALAB suggests high volalility. |
| Average Directional Index/ADX (14) | 46.46 | POSITIVE | The high ADX value value for ALAB suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
182.2
-6.95 (-3.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.67%
1 Week1.74%
2 Weeks-1.96%
1 Month38.98%
3 Month100.84%
6 Month145.06%
12 Month323.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.71
ATR(20)%6.84%
ATR Inc7.72%
Range Today10.75
ADR(20)10.51
ADR(20)%5.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.77
Mansfield7.66
10 Day High191.29
10 Day Low161.39
20 Day High199.47
20 Day Low134.21
52 Week High199.47
52 Week Low36.85
CS1 End179.08
CR1 Start193.65
Volume & EV
DER(3)0.2%
DER(5)-0.34%
Volume3.75M
Volume Incr-46.73%
Vol(5)3.48M
Vol(50)5.75M