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 82% of all 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 82% of them.
- ALCO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ALCO is performing more or less in line with the market.
- In the last month ALCO has a been trading in the 37.14 - 42.17 range, which is quite wide. It is currently trading near the high of this range.
ALCO Weekly and Daily overview Charts
ALCO Setup Rating and Analysis
ALCO has an excellent technical rating, but the quality of the setup is only medium 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
We found 5 important support areas.
- Support @42.01 from a horizontal line in the daily time frame.
- A support zone ranging from 38.46 to 38.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 37.63 to 37.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @34.38 from a trend line in the weekly time frame.
- Support @32.27 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 42.17 to 42.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 82.01 | POSITIVE | ALCO has a high relative strength, it outperformed 82.01% 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) | 66.26 | NEUTRAL | The RSI value for ALCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests ALCO has a positive trend. |
| Stochastics (14,3) | 93.59 | OVERBOUGHT | The high Stochastics value suggests ALCO may be overbought. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for ALCO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.86 | NEUTRAL | The ADX value for ALCO suggests a possible start of a new trend. |
ALCO Chart- and CandleStick Pattern Analysis
ALCO Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 42.18 | 42.00 | 0.18 (0.43%) | 25.00% |
| An entry @42.18. This is a Buy Stop order right above the resistance zone. | An exit @42.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 0.43%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ALCO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ALCO Technicals: Chart, Performance Metrics, Trend & Indicators
42.16
+0.95 (+2.31%)
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 66.2565. This indicates that the stock is currently neutral.
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 42.01 and a resistance level at 42.17. Check the full technical report for our detailed analysis of ALCO support and resistance levels.