ALICO INC (ALCO) Technical Analysis
NASDAQ:ALCO • US0162301040
Current stock price
ALCO Technical Rating and Analysis
Overall ALCO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ALCO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ALCO is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, ALCO also shows a nice and consistent pattern of rising prices.
- ALCO is one of the better performing stocks in the Food Products industry, it outperforms 87% of 86 stocks in the same industry.
- ALCO is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ALCO is leading the market.
- In the last month ALCO has a been trading in the 37.25 - 45.01 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ALCO Weekly and Daily overview Charts
ALCO Setup Rating and Analysis
Although ALCO has an excellent technical rating, it does not present a decent entry opportunity 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
ALCO Support and Resistance Analysis
31.95
6 important support areas can be observed.
- A support zone ranging from 40.37 to 40.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.66 from a trend line in the weekly time frame.
- A support zone ranging from 38.46 to 38.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.75 from a horizontal line in the daily time frame.
- Support @34.52 from a trend line in the weekly time frame.
- Support @32.27 from a horizontal line in the daily time frame.
ALCO 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 | UP | POSITIVE | The long term trend for ALCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALCO is up. |
| ChartMill Relative Strength | 86.06 | POSITIVE | ALCO has a high relative strength, it outperformed 86.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALCO is above the rising 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) | 74.32 | OVERBOUGHT | The high RSI value suggests ALCO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests ALCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.83 | OVERBOUGHT | The high Stochastics value suggests ALCO may be overbought. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for ALCO suggests some volalility. |
| Average Directional Index/ADX (14) | 29.34 | POSITIVE | The high ADX value value for ALCO suggests a strong trend. |
ALCO Chart- and CandleStick Pattern Analysis
ALCO Technicals: Chart, Performance Metrics, Trend & Indicators
44.34
-0.12 (-0.27%)
ALICO INC / ALCO TA FAQ
What is the ChartMill technical rating of ALICO INC (ALCO) stock?
ChartMill assigns a technical rating of 10 / 10 to ALCO.
What is the current trend direction of ALICO INC (ALCO) stock?
The current trend direction for ALICO INC (ALCO) is Bullish.
What is the RSI signal for ALCO stock?
ALICO INC (ALCO) has an RSI value of 74.3188. This indicates that the stock is currently overbought.
What is the buy/sell signal for ALCO stock?
The buy/sell signal for ALICO INC (ALCO) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ALICO INC?
ALICO INC (ALCO) has a support level at 40.63. Check the full technical report for our detailed analysis of ALCO support and resistance levels.