AVALON GLOBOCARE CORP (ALBT) Stock Technical Analysis
NASDAQ:ALBT - Nasdaq - US05344R3021 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ALBT. ALBT's overall performance in the market is below average. Also 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.
When comparing the yearly performance of all stocks, ALBT is a bad performer in the overall market: 98% of all stocks are doing better.
ALBT is one of the lesser performing stocks in the Real Estate Management & Development industry. 87% of 64 stocks in the same industry do better.
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 2.15 - 3.88 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.
ALBT has a poor technical rating and the quality of the setup is also not perfect 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
2.30
4.14
3 important resistance areas can be observed.
- Resistance @2.37 from a trend line in the daily time frame.
- A resistance zone ranging from 2.70 to 2.74. 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 | 2.77 | NEGATIVE | ALBT has a low relative strength, it was outperformed by 97.23% 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) | 36.59 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 11.77 | OVERSOLD | The low Stochastics value suggests ALBT may be oversold. |
| Average True Range in percent/ATR (20) | 13.01 | HIGH VOLATILITY | The high ATR as a percentage value for ALBT suggests high volalility. |
| Average Directional Index/ADX (14) | 17.23 | NEGATIVE | The low ADX value for ALBT suggests a weak or negative 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)
2.32
+0.16 (+7.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg7.41%
1 Week-14.39%
2 Weeks-9.02%
1 Month-12.45%
3 Month-37.47%
6 Month-35.2%
12 Month-61.76%
2 Year-88.71%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%13.01%
ATR Inc-29.76%
Range Today0.16
ADR(20)0.28
ADR(20)%12.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.77
Mansfield-4.36
10 Day High3.15
10 Day Low2.15
20 Day High3.88
20 Day Low2.15
52 Week High12.6
52 Week Low2.11
CS1 EndN/A
CR1 Start2.37
Volume & EV
DER(3)-4.21%
DER(5)-0.54%
Volume92.40K
Volume Incr-59.34%
Vol(5)264.32K
Vol(50)293.25K