ALBIREO PHARMA INC (ALBO)
US01345P1066 - Common Stock
Taking everything into account, ALBO scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALBO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
ALBO is one of the better performing stocks in the Biotechnology industry, it outperforms 94% of 588 stocks in the same industry.
ALBO is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ALBO is leading the market.
ALBO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, ALBO did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month ALBO has a been trading in a tight range between 43.30 and 45.23.
ALBO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 44.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.96, a Stop Loss order could be placed below this zone.
More info and screens
43.06
45.41
We found 1 important support area.
- A support zone ranging from 43.49 to 43.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.96 to 44.96. 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
CRS98.27
Mansfield6.72
10 Day High44.9
10 Day Low43.31
20 Day High45.23
20 Day Low43.31
52 Week High45.23
52 Week Low16.02
Performance
1 Week1.28%
2 Weeks-0.07%
1 Month-1.23%
3 Month85.66%
6 Month156.84%
12 Month66.73%
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)-0.49
RSI(14)68.03
LBB43.39
UBB44.69
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 44.97 | 43.48 | 1.49 (3.31%) | 25.00% |
| An entry @44.97. This is a Buy Stop order right above the resistance zone. | An exit @43.48. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.49 points, which is 3.31%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ALBIREO PHARMA INC
NASDAQ:ALBO (3/2/2023, 7:00:01 PM)
After market: 44.33 +0.18 (+0.41%)44.15
-0.1 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.23%
1 Week1.28%
2 Weeks-0.07%
1 Month-1.23%
3 Month85.66%
6 Month156.84%
12 Month66.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.49
ATR(20)%1.22%
ATR Inc
Range Today0.91
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High44.9
10 Day Low43.31
20 Day High45.23
20 Day Low43.31
52 Week High45.23
52 Week Low16.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.24M
Volume Incr38.27%
Vol(5)768.44K
Vol(50)606.43K