We assign a technical rating of 2 out of 10 to ALAB. ALAB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ALAB is bad and it also does not present a 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
137.89
3 important support areas can be observed.
- Support @147.83 from a trend line in the daily time frame.
- Support @141.79 from a horizontal line in the weekly time frame.
- Support @139.28 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 148.86 to 149.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 160.41 to 162.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @170.89 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 | NEUTRAL | NEUTRAL | The long term trend for ALAB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALAB is neutral. |
| ChartMill Relative Strength | 21.19 | NEGATIVE | ALAB has a low relative strength, it was outperformed by 78.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALAB is below the rising 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) | 44.83 | NEUTRAL | The RSI value for ALAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.13 | POSITIVE | The MACD value suggests ALAB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.95 | NEUTRAL | The Stochastics value for ALAB is a neutral value. |
| Average True Range in percent/ATR (20) | 9.52 | HIGH VOLATILITY | The high ATR as a percentage value for ALAB suggests high volalility. |
| Average Directional Index/ADX (14) | 14.62 | NEGATIVE | The low ADX value for ALAB suggests a weak or negative trend. |
148.85
-24.85 (-14.31%)
ASTERA LABS INC / ALAB FAQ
Can you provide the ChartMill technical rating for ASTERA LABS INC?
ChartMill assigns a technical rating of 2 / 10 to ALAB.
What is the trend direction for ALAB stock?
The current trend direction for ASTERA LABS INC (ALAB) is Bearish.
What is the RSI signal for ASTERA LABS INC (ALAB) stock?
ASTERA LABS INC (ALAB) has an RSI value of 44.8348. This indicates that the stock is currently neutral.
What are the support and resistance levels for ASTERA LABS INC (ALAB) stock?
ASTERA LABS INC (ALAB) has a support level at 147.83 and a resistance level at 148.86. Check the full technical report for our detailed analysis of ALAB support and resistance levels.