AVALON GLOBOCARE CORP (ALBT) Stock Technical Analysis
NASDAQ:ALBT - Nasdaq - US05344R3021 - Common Stock - Currency: USD
Overall ALBT gets a technical rating of 0 out of 10. ALBT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% 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 92% 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 1.87 - 4.74 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
ALBT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.23. Right above this resistance zone may be a good entry point.
More info and screens
2.13
4.14
3 important resistance areas can be observed.
- A resistance zone ranging from 2.23 to 2.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.31 to 2.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.10 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for ALBT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALBT is down. |
| ChartMill Relative Strength | 2.99 | NEGATIVE | ALBT has a low relative strength, it was outperformed by 97.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALBT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALBT is below a declining 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) | 43.1 | NEUTRAL | The RSI value for ALBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ALBT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 11.5 | OVERSOLD | The low Stochastics value suggests ALBT may be oversold. |
| Average True Range in percent/ATR (20) | 16.8 | HIGH VOLATILITY | The high ATR as a percentage value for ALBT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.12 | POSITIVE | The high ADX value value for ALBT suggests a strong trend. |
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)
2.15
-0.08 (-3.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-3.59%
1 Week-10.79%
2 Weeks-5.29%
1 Month-17.31%
3 Month-42.2%
6 Month-41.73%
12 Month-56.98%
2 Year-85.67%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%16.8%
ATR Inc-64.66%
Range Today0.19
ADR(20)0.32
ADR(20)%14.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.99
Mansfield-4.66
10 Day High2.64
10 Day Low1.87
20 Day High4.74
20 Day Low1.87
52 Week High11.66
52 Week Low1.87
CS1 EndN/A
CR1 Start2.23
Volume & EV
DER(3)-7.01%
DER(5)-2.74%
Volume123.86K
Volume Incr-94.07%
Vol(5)119.04K
Vol(50)857.78K