ALCON INC (ALC) Technical Analysis
NYSE:ALC • CH0432492467
Current stock price
76.43 USD
-1.39 (-1.79%)
At close:
76.43 USD
0 (0%)
After Hours:
ALC Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to ALC. ALC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 83% of all other stocks performed better in the past year than ALC.
- ALC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- ALC has an average volume of 1629900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- ALC is an average performer in the Health Care Equipment & Supplies industry, it outperforms 50% of 187 stocks in the same industry.
- In the last month ALC has a been trading in the 73.21 - 82.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALC Weekly and Daily overview Charts
ALC Setup Rating and Analysis
The technical rating of ALC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ALC Support and Resistance Analysis
71.33
100.64
We found 2 important support areas.
- Support @73.24 from a horizontal line in the daily time frame.
- A support zone ranging from 72.05 to 72.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 77.00 to 79.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @80.80 from a trend line in the daily time frame.
- A resistance zone ranging from 85.11 to 87.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @99.64 from a horizontal line in the weekly time frame.
ALC 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 | NEUTRAL | NEUTRAL | The long term trend for ALC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALC is neutral. |
| ChartMill Relative Strength | 17.95 | NEGATIVE | ALC has a low relative strength, it was outperformed by 82.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.33 | NEUTRAL | The RSI value for ALC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests ALC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.9 | NEUTRAL | The Stochastics value for ALC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for ALC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.81 | NEGATIVE | The low ADX value for ALC suggests a weak or negative trend. |
ALC Chart- and CandleStick Pattern Analysis
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)
ALC Technicals: Chart, Performance Metrics, Trend & Indicators
76.43
-1.39 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.79%
1 Week-5.33%
2 Weeks-1.14%
1 Month2.95%
3 Month-4.81%
6 Month0.46%
12 Month-19.5%
2 Year-1.48%
3 Year5.45%
5 Year1.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.92
ATR(20)%2.38%
ATR Inc32.82%
Range Today1.85
ADR(20)1.55
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.95
3 months CRS30.37
6 months CRS49.93
Mansfield-1.43
10 Day High82.37
10 Day Low76.17
20 Day High82.37
20 Day Low73.21
52 Week High99.2
52 Week Low71.55
CS1 End73.24
CR1 Start77
Volume & EV
DER(3)3.34%
DER(5)1.47%
Volume1.27M
Volume Incr-10.24%
Vol(5)1.28M
Vol(50)1.63M
ALCON INC / ALC TA FAQ
Can you provide the ChartMill technical rating for ALCON INC?
ChartMill assigns a technical rating of 2 / 10 to ALC.
What is the trend direction for ALC stock?
The current trend direction for ALCON INC (ALC) is Bearish.
Can you provide the RSI signal for ALCON INC?
ALCON INC (ALC) has an RSI value of 44.3284. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ALCON INC?
ALCON INC (ALC) has a support level at 73.24 and a resistance level at 77. Check the full technical report for our detailed analysis of ALC support and resistance levels.