NASDAQ:ALAB • US04626A1034
Overall ALAB gets a technical rating of 1 out of 10. ALAB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of ALAB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
71.63
When analyzing the support we notice one important area.
We can see 4 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for ALAB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALAB is down. |
| ChartMill Relative Strength | 77.86 | POSITIVE | ALAB has a high relative strength, it outperformed 77.86% 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 | MIXED | The current price of ALAB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.82 | NEUTRAL | The RSI value for ALAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.5 | NEGATIVE | The MACD value suggests ALAB has a negative trend. |
| Stochastics (14,3) | 7.2 | OVERSOLD | The low Stochastics value suggests ALAB may be oversold. |
| Average True Range in percent/ATR (20) | 12.11 | HIGH VOLATILITY | The high ATR as a percentage value for ALAB suggests high volalility. |
| Average Directional Index/ADX (14) | 15.24 | NEGATIVE | The low ADX value for ALAB suggests a weak or negative trend. |
129.32
+2.74 (+2.16%)
ChartMill assigns a technical rating of 1 / 10 to ALAB.
The current trend direction for ASTERA LABS INC (ALAB) is Bearish.
ASTERA LABS INC (ALAB) has an RSI value of 38.8245. This indicates that the stock is currently neutral.
The short term momentum for ASTERA LABS INC (ALAB) is negative.