ALCO Technical Analysis - ALICO INC

Technical Rating and Analysis

Taking everything into account, ALCO scores 10 out of 10 in our technical rating. 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.

Warning: ALCO has an average volume of 24198 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Both the short term and long term trends are positive. This is a very positive sign.

Looking at the yearly performance, ALCO did better than 82% of all other stocks. On top of that, ALCO also shows a nice and consistent pattern of rising prices.

ALCO is part of the Food Products industry. There are 87 other stocks in this industry. ALCO outperforms 87% of them.

ALCO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month ALCO has a been trading in the 33.15 - 35.49 range, which is quite wide. It is currently trading near the high of this range.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

30.91

35.71

We found 4 important support areas.

A support zone ranging from 34.87 to 35.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 33.27 to 34.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @32.38 from a horizontal line in the daily time frame.
Support @31.22 from a horizontal line in the daily time frame.

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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	82.79	POSITIVE	ALCO has a high relative strength, it outperformed 82.79% 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)	64.19	NEUTRAL	The RSI value for ALCO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.15	POSITIVE	The MACD value suggests ALCO has a positive trend.
Stochastics (14,3)	71.78	NEUTRAL	The Stochastics value for ALCO is a neutral value.
Average True Range in percent/ATR (20)	1.59	LOW VOLATILITY	The low ATR as a percentage value for ALCO suggests low volalility.
Average Directional Index/ADX (14)	32.59	POSITIVE	The high ADX value value for ALCO suggests a strong trend.