ALICO INC (ALCO) Stock Technical Analysis
USA - NASDAQ:ALCO - US0162301040 - Common Stock
33.28 USD
-0.8 (-2.35%)
33.28 USD
0 (0%)
Overall ALCO gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: ALCO has an average volume of 24656 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.
Looking at the yearly performance, ALCO did better than 70% of all other stocks.
ALCO is part of the Food Products industry. There are 89 other stocks in this industry. ALCO outperforms 77% of them.
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.
In the last month ALCO has a been trading in a tight range between 33.15 and 34.70.
ALCO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 33.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.27, a Stop Loss order could be placed below this zone.
More info and screens
28.24
35.23
We found 3 important support areas.
- A support zone ranging from 32.27 to 33.27. This zone is formed by a combination of multiple trend lines and important moving averages 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 33.84 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 34.87 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 | 70.16 | POSITIVE | ALCO has a high relative strength, it outperformed 70.16% off all stocks 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) | 46.29 | NEUTRAL | The RSI value for ALCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ALCO has a negative trend. |
| Stochastics (14,3) | 33.66 | NEUTRAL | The Stochastics value for ALCO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for ALCO suggests low volalility. |
| Average Directional Index/ADX (14) | 13.1 | 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)
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 |
|---|---|---|---|
| 34.07 | 33.14 | 0.93 (2.73%) | 25.00% |
| An entry @34.07. This is a Buy Stop order right above the resistance zone. | An exit @33.14. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.93 points, which is 2.73%. | For a 0.68% 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.
33.28
-0.8 (-2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-2.35%
1 Week-1.83%
2 Weeks-1.1%
1 Month-4.04%
3 Month4.69%
6 Month13.08%
12 Month18.9%
2 Year33.33%
3 Year17.85%
5 Year16.28%
10 Year-18.01%
15 Year43.2%
Volatility
ATR(14)0.66
ATR(20)%1.96%
ATR Inc44.93%
Range Today1.14
ADR(20)0.64
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.16
Mansfield0.05
10 Day High34.5
10 Day Low33.15
20 Day High34.7
20 Day Low33.15
52 Week High35.01
52 Week Low24.23
CS1 End33.27
CR1 Start33.84
Volume & EV
DER(3)-2.04%
DER(5)-1.63%
Volume20.90K
Volume Incr22.92%
Vol(5)28.32K
Vol(50)24.66K