ASTERA LABS INC (ALAB) Stock Technical Analysis
NASDAQ:ALAB - Nasdaq - US04626A1034 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ALAB. In the past year, ALAB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ALAB is a bad performer in the overall market: 78% of all stocks are doing better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month ALAB has a been trading in the 47.13 - 73.06 range, which is quite wide. It is currently trading near the high of this range.
ALAB has an average volume of 4138870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ALAB is part of the Semiconductors & Semiconductor Equipment industry. There are 109 other stocks in this industry, ALAB did better than 58% of them.
ALAB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
54.12
71.98
When analyzing the support we notice one important area.
- A support zone ranging from 54.67 to 54.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.87
Mansfield-0.49
10 Day High73.06
10 Day Low52.57
20 Day High73.06
20 Day Low47.13
52 Week High147.39
52 Week Low36.22
Performance
1 Week7.81%
2 Weeks20.88%
1 Month28%
3 Month-29.73%
6 Month-1.9%
12 Month-7.39%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)1.93
RSI(14)60.44
LBB52.75
UBB72.29
71.27
+2.05 (+2.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg2.96%
1 Week7.81%
2 Weeks20.88%
1 Month28%
3 Month-29.73%
6 Month-1.9%
12 Month-7.39%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.13
ATR(20)%7.72%
ATR Inc6.1%
Range Today2.14
ADR(20)4.64
ADR(20)%6.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.87
Mansfield-0.49
10 Day High73.06
10 Day Low52.57
20 Day High73.06
20 Day Low47.13
52 Week High147.39
52 Week Low36.22
CS1 End54.92
CR1 StartN/A
Volume & EV
DER(3)1.89%
DER(5)1.12%
Volume3.20M
Volume Incr-38.67%
Vol(5)2.43M
Vol(50)4.14M