Taking everything into account, ALDR scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALDR is showing a nice and steady performance.
ALDR 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
18.67
We found 1 important support area.
- A support zone ranging from 18.86 to 18.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.89 to 18.93. This zone is formed by a combination of multiple trend lines and important moving averages 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 ALDR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALDR is up. |
| ChartMill Relative Strength | 98.26 | POSITIVE | ALDR has a high relative strength, it outperformed 98.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALDR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALDR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALDR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.27 | OVERBOUGHT | The high RSI value suggests ALDR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests ALDR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.55 | NEUTRAL | The Stochastics value for ALDR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for ALDR suggests low volalility. |
18.88
-0.04 (-0.21%)
Alder Biopharmaceuticals Inc / ALDR FAQ
Can you provide the ChartMill technical rating for Alder Biopharmaceuticals Inc?
ChartMill assigns a technical rating of 8 / 10 to ALDR.
Can you provide the trend direction for Alder Biopharmaceuticals Inc?
The current trend direction for Alder Biopharmaceuticals Inc (ALDR) is Bullish.
Can you provide the RSI signal for Alder Biopharmaceuticals Inc?
Alder Biopharmaceuticals Inc (ALDR) has an RSI value of 82.268. This indicates that the stock is currently overbought.
What is the MACD signal for ALDR stock?
The MACD indicator for Alder Biopharmaceuticals Inc (ALDR) has a value of -0.332283, indicating a bearish trend.
What is the support and resistance level for ALDR stock?
Alder Biopharmaceuticals Inc (ALDR) has a support level at 18.87 and a resistance level at 18.89. Check the full technical report for our detailed analysis of ALDR support and resistance levels.