ALBT Technical Analysis - AVALON GLOBOCARE CORP

Technical Rating and Analysis

Overall ALBT gets a technical rating of 3 out of 10. In the past year, ALBT 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.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

89% of all other stocks performed better in the past year than ALBT.

ALBT is part of the Real Estate Management & Development industry. There are 64 other stocks in this industry, of which 84% are performing better than ALBT.

ALBT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month ALBT has a been trading in the 1.97 - 2.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

AVALON GLOBOCARE CORP / ALBT Weekly stock chart

AVALON GLOBOCARE CORP / ALBT Daily stock chart

Setup Rating and Analysis

ALBT has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.06

4.14

When analyzing the support we can see 2 important areas.

Support @2.39 from a horizontal line in the daily time frame.
Support @2.08 from a trend line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 2.61 to 2.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @2.75 from a trend line in the daily time frame.
A resistance zone ranging from 2.81 to 2.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @4.10 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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 ALBT is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for ALBT is neutral.
ChartMill Relative Strength	11.75	NEGATIVE	ALBT has a low relative strength, it was outperformed by 88.25% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of ALBT is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ALBT is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ALBT is below a declining SMA(200).
Relative Strength Index/RSI (14)	49.4	NEUTRAL	The RSI value for ALBT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests ALBT has a negative trend.
Stochastics (14,3)	29.51	NEUTRAL	The Stochastics value for ALBT is a neutral value.
Average True Range in percent/ATR (20)	7.61	HIGH VOLATILITY	The high ATR as a percentage value for ALBT suggests high volalility.
Average Directional Index/ADX (14)	28.54	POSITIVE	The high ADX value value for ALBT suggests a strong trend.