ALDEYRA THERAPEUTICS INC (ALDX) Stock Technical Analysis
NASDAQ:ALDX - US01438T1060 - Common Stock
5.86 USD
+0.01 (+0.17%)
5.82 USD
-0.04 (-0.68%)
We assign a technical rating of 9 out of 10 to ALDX. Both in the recent history as in the last year, ALDX 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!
ALDX is part of the Biotechnology industry. There are 547 other stocks in this industry. ALDX outperforms 91% of them.
ALDX 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 ALDX is lagging the market slightly.
In the last month ALDX has a been trading in the 4.23 - 6.17 range, which is quite wide. It is currently trading near the high of this range.
ALDX has an average volume of 1080410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ALDX did better than 95% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although ALDX has an excellent technical rating, it does not offer a high quality setup 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
3.16
5.96
2 important support areas can be observed.
- A support zone ranging from 5.71 to 5.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.19 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.87 to 5.90. 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 ALDX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALDX is up. |
| ChartMill Relative Strength | 95.87 | POSITIVE | ALDX has a high relative strength, it outperformed 95.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALDX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.93 | NEUTRAL | The RSI value for ALDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ALDX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.43 | NEUTRAL | The Stochastics value for ALDX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for ALDX suggests some volalility. |
| Average Directional Index/ADX (14) | 34.93 | POSITIVE | The high ADX value value for ALDX 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)
5.86
+0.01 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.17%
1 Week-0.34%
2 Weeks10.57%
1 Month17.43%
3 Month172.56%
6 Month14.68%
12 Month1.82%
2 Year-21.45%
3 Year-16.76%
5 Year-10.26%
10 Year-18.84%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%4.98%
ATR Inc-8.07%
Range Today0.33
ADR(20)0.29
ADR(20)%4.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.87
Mansfield1.31
10 Day High6.18
10 Day Low5.25
20 Day High6.18
20 Day Low4.23
52 Week High7.2
52 Week Low1.14
CS1 End5.85
CR1 Start5.87
Volume & EV
DER(3)8.01%
DER(5)5.86%
Volume995.70K
Volume Incr-26.98%
Vol(5)716.32K
Vol(50)1.08M