ASTERA LABS INC (ALAB) Stock Technical Analysis
USA - NASDAQ:ALAB - US04626A1034 - Common Stock
We assign a technical rating of 5 out of 10 to ALAB. In the last year, ALAB was one of the better performers, but we do observe some doubts in the very recent evolution.
ALAB has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
141.78
3 important support areas can be observed.
- Support @159.79 from a horizontal line in the weekly time frame.
- Support @154.84 from a horizontal line in the daily time frame.
- Support @143.21 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 164.98 to 164.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @206.03 from a trend 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 | DOWN | NEGATIVE | The short term trend for ALAB is down. |
| ChartMill Relative Strength | 95.13 | POSITIVE | ALAB has a high relative strength, it outperformed 95.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALAB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALAB is below a declining 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) | 39.54 | NEUTRAL | The RSI value for ALAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.67 | NEGATIVE | The MACD value suggests ALAB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.3 | OVERSOLD | The low Stochastics value suggests ALAB may be oversold. |
| Average True Range in percent/ATR (20) | 9 | HIGH VOLATILITY | The high ATR as a percentage value for ALAB suggests high volalility. |
| Average Directional Index/ADX (14) | 25.14 | POSITIVE | The high ADX value value for ALAB suggests a strong trend. |
164.97
+1.33 (+0.81%)
ASTERA LABS INC / ALAB FAQ
Can you provide the ChartMill technical rating for ASTERA LABS INC?
ChartMill assigns a technical rating of 5 / 10 to ALAB.
What is the trend direction for ALAB stock?
The current trend direction for ASTERA LABS INC (ALAB) is Bullish.
What is the RSI signal for ASTERA LABS INC (ALAB) stock?
ASTERA LABS INC (ALAB) has an RSI value of 39.5438. This indicates that the stock is currently neutral.
What is the buy/sell signal for ASTERA LABS INC (ALAB) stock?
The buy/sell signal for ASTERA LABS INC (ALAB) is hold as the short term and long term trends are mixed.
What is the support and resistance level for ALAB stock?
ASTERA LABS INC (ALAB) has a support level at 159.79 and a resistance level at 164.98. Check the full technical report for our detailed analysis of ALAB support and resistance levels.