ASTERA LABS INC (ALAB) Technical Analysis
NASDAQ:ALAB • US04626A1034
Current stock price
121.76 USD
-2.11 (-1.7%)
At close:
123.49 USD
+1.73 (+1.42%)
After Hours:
ALAB Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to ALAB. Although ALAB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- ALAB has an average volume of 5259180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that ALAB is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- ALAB is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, ALAB did better than 50% of them.
- ALAB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALAB is lagging the market slightly.
- In the last month ALAB has a been trading in the 107.08 - 135.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALAB Weekly and Daily overview Charts
ALAB Setup Rating and Analysis
ALAB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
ALAB Support and Resistance Analysis
74.19
193.48
We found 3 important support areas.
- Support @116.04 from a horizontal line in the weekly time frame.
- Support @111.86 from a trend line in the daily time frame.
- Support @74.94 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @127.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 142.78 to 144.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @168.01 from a trend line in the daily time frame.
- Resistance @174.02 from a trend line in the daily time frame.
- Resistance @191.56 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for ALAB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALAB is down. |
| ChartMill Relative Strength | 89.16 | POSITIVE | ALAB has a high relative strength, it outperformed 89.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALAB is above 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) | 45.27 | NEUTRAL | The RSI value for ALAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.55 | POSITIVE | The MACD value suggests ALAB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.68 | NEUTRAL | The Stochastics value for ALAB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.14 | HIGH VOLATILITY | The high ATR as a percentage value for ALAB suggests high volalility. |
| Average Directional Index/ADX (14) | 14.31 | NEGATIVE | The low ADX value for ALAB suggests a weak or negative trend. |
ALAB Chart- and CandleStick Pattern Analysis
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)
ALAB Technicals: Chart, Performance Metrics, Trend & Indicators
121.76
-2.11 (-1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.7%
1 Week-4.55%
2 Weeks4.53%
1 Month-5.17%
3 Month-27.2%
6 Month-38.44%
12 Month100.33%
2 Year64.12%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.72
ATR(20)%7.14%
ATR Inc-20.4%
Range Today5.54
ADR(20)7.9
ADR(20)%6.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.16
3 months CRS13.2
6 months CRS13.51
Mansfield-1.23
10 Day High135.18
10 Day Low114.75
20 Day High135.18
20 Day Low107.08
52 Week High262.9
52 Week Low47.13
CS1 End116.04
CR1 Start127.57
Volume & EV
DER(3)0.35%
DER(5)0.93%
Volume2.68M
Volume Incr2.74%
Vol(5)4.69M
Vol(50)5.26M
ASTERA LABS INC / ALAB TA FAQ
Can you provide the ChartMill technical rating for ASTERA LABS INC?
ChartMill assigns a technical rating of 2 / 10 to ALAB.
Can you provide the trend direction for ASTERA LABS INC?
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 45.2736. This indicates that the stock is currently neutral.
What is the short term momentum for ALAB stock?
The short term momentum for ASTERA LABS INC (ALAB) is negative.
What is the buy/sell signal for ASTERA LABS INC (ALAB) stock?
The buy/sell signal for ASTERA LABS INC (ALAB) is sell as both the short term and long term trends are negative.