ALICO INC (ALCO) Stock Technical Analysis
NASDAQ:ALCO - Nasdaq - US0162301040 - Common Stock - Currency: USD
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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ALCO is one of the better performing stocks in the market, outperforming 79% 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 86% of 91 stocks in the same industry.
A new 52 week high is currently being made by ALCO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ALCO has a been trading in the 30.89 - 34.31 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ALCO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
24.35
34.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 30.14 to 32.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.53 to 28.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.60 to 24.87. This zone is formed by a combination of multiple trend lines in the weekly 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 | 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 | 79.92 | POSITIVE | ALCO has a high relative strength, it outperformed 79.92% 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) | 74.41 | OVERBOUGHT | The high RSI value suggests ALCO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests ALCO has a positive trend. |
| Stochastics (14,3) | 89.29 | OVERBOUGHT | The high Stochastics value suggests ALCO may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for ALCO suggests some volalility. |
| Average Directional Index/ADX (14) | 31.08 | POSITIVE | The high ADX value value for ALCO 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)
34.06
+0.45 (+1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.34%
1 Week8.99%
2 Weeks8.58%
1 Month5.19%
3 Month15.89%
6 Month29.36%
12 Month35.59%
2 Year31.51%
3 Year-6.53%
5 Year12.86%
10 Year-24.01%
15 Year39.82%
Volatility
ATR(14)0.83
ATR(20)%2.24%
ATR Inc47.6%
Range Today0.81
ADR(20)0.75
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.92
Mansfield1.04
10 Day High34.31
10 Day Low30.94
20 Day High34.31
20 Day Low30.89
52 Week High34.31
52 Week Low24.23
CS1 End31.64
CR1 Start32.58
Volume & EV
DER(3)5.48%
DER(5)4.19%
Volume35.50K
Volume Incr86.74%
Vol(5)86.24K
Vol(50)42.02K