ASTERA LABS INC (ALAB) Technical Analysis
NASDAQ:ALAB • US04626A1034
Current stock price
ALAB Technical Rating and Analysis
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 97% of all stocks. We also observe that the gains produced by ALAB over the past year are nicely spread over this period.
- ALAB is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. ALAB outperforms 71% of them.
- ALAB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALAB is lagging the market slightly.
- In the last month ALAB has a been trading in the 97.89 - 214.24 range, which is quite wide. It is currently trading near the high of this range.
- ALAB has an average volume of 5217570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ALAB Weekly and Daily overview Charts
ALAB Setup Rating and Analysis
Although ALAB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ALAB Support and Resistance Analysis
115.97
When analyzing the support we notice one important area.
- Support @117.14 from a trend line in the weekly time frame.
ALAB Technical Indicator Signal Analysis
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 | 97.07 | POSITIVE | ALAB has a high relative strength, it outperformed 97.07% 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) | 83.77 | OVERBOUGHT | The high RSI value suggests ALAB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 6.76 | POSITIVE | The MACD value suggests ALAB has a positive trend. |
| Stochastics (14,3) | 94.87 | OVERBOUGHT | The high Stochastics value suggests ALAB may be overbought. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for ALAB suggests high volalility. |
| Average Directional Index/ADX (14) | 35.71 | POSITIVE | The high ADX value value for ALAB suggests a strong trend. |
ALAB Chart- and CandleStick Pattern Analysis
ALAB Technicals: Chart, Performance Metrics, Trend & Indicators
212.84
+15.3 (+7.75%)
ASTERA LABS INC / ALAB TA FAQ
Can you provide the ChartMill technical rating for ASTERA LABS INC?
ChartMill assigns a technical rating of 10 / 10 to ALAB.
What is the current trend direction of ASTERA LABS INC (ALAB) stock?
The current trend direction for ASTERA LABS INC (ALAB) is Bullish.
Can you provide the RSI signal for ASTERA LABS INC?
ASTERA LABS INC (ALAB) has an RSI value of 83.7699. This indicates that the stock is currently overbought.
Can you provide the short term momentum for ASTERA LABS INC?
The short term momentum for ASTERA LABS INC (ALAB) is positive.
Can you provide the support and resistance levels for ASTERA LABS INC?
ASTERA LABS INC (ALAB) has a support level at 117.14. Check the full technical report for our detailed analysis of ALAB support and resistance levels.