ALICO INC (ALCO) Stock Technical Analysis
USA - NASDAQ:ALCO - US0162301040 - Common Stock
33.54 USD
-0.42 (-1.24%)
33.54 USD
0 (0%)
Taking everything into account, ALCO scores 5 out of 10 in our technical rating. In the last year, ALCO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Warning: ALCO has an average volume of 24706 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ALCO is one of the better performing stocks in the Food Products industry, it outperforms 76% of 89 stocks in the same industry.
ALCO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALCO is lagging the market slightly.
When compared to the yearly performance of all other stocks, ALCO outperforms 67% of them, which is more or less in line with the market.
In the last month ALCO has a been trading in a tight range between 33.23 and 35.01.
Although the technical rating is only medium, ALCO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 33.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.40, a Stop Loss order could be placed below this zone.
More info and screens
23.58
35.23
We found 4 important support areas.
- A support zone ranging from 32.05 to 32.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.22 to 31.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @28.53 from a horizontal line in the weekly time frame.
- Support @23.82 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 33.89 to 34.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 34.88 to 34.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ALCO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALCO is neutral. |
| ChartMill Relative Strength | 67.23 | NEUTRAL | ALCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.88 | NEUTRAL | The RSI value for ALCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ALCO has a negative trend. |
| Stochastics (14,3) | 37.01 | NEUTRAL | The Stochastics value for ALCO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for ALCO suggests low volalility. |
| Average Directional Index/ADX (14) | 14.28 | NEGATIVE | The low ADX value for ALCO 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)
33.54
-0.42 (-1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.24%
1 Week-1.32%
2 Weeks0.03%
1 Month-1.58%
3 Month7.33%
6 Month16.42%
12 Month17.68%
2 Year34.38%
3 Year18.77%
5 Year17.19%
10 Year-17.37%
15 Year44.32%
Volatility
ATR(14)0.65
ATR(20)%1.88%
ATR Inc-21.81%
Range Today0.47
ADR(20)0.62
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.23
Mansfield0.12
10 Day High34.5
10 Day Low33.47
20 Day High35.01
20 Day Low33.23
52 Week High35.01
52 Week Low24.23
CS1 End32.4
CR1 Start33.89
Volume & EV
DER(3)-1.8%
DER(5)-1.69%
Volume51.80K
Volume Incr9.92%
Vol(5)27.10K
Vol(50)24.71K