ALDEYRA THERAPEUTICS INC (ALDX) Stock Technical Analysis
NASDAQ:ALDX - Nasdaq - US01438T1060 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ALDX. ALDX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ALDX is a bad performer in the overall market: 96% of all stocks are doing better.
ALDX is part of the Biotechnology industry. There are 561 other stocks in this industry, of which 73% are performing better than ALDX.
ALDX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALDX is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
ALDX has an average volume of 2078500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ALDX has a been trading in the 1.90 - 2.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALDX has a bad 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 2.37. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ALDX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.91
2.45
We found 2 important support areas.
- Support @2.15 from a horizontal line in the weekly time frame.
- Support @1.93 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.37 to 2.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.81
Mansfield-5.12
10 Day High2.42
10 Day Low1.9
20 Day High2.89
20 Day Low1.9
52 Week High7.2
52 Week Low1.14
Performance
1 Week13.46%
2 Weeks12.38%
1 Month1.72%
3 Month-64.72%
6 Month-51.34%
12 Month-39.64%
2 Year-75.13%
3 Year-23.62%
5 Year-52.03%
10 Year-68.32%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)42.86
LBB1.8
UBB2.8
2.36
-0.06 (-2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.48%
1 Week13.46%
2 Weeks12.38%
1 Month1.72%
3 Month-64.72%
6 Month-51.34%
12 Month-39.64%
2 Year-75.13%
3 Year-23.62%
5 Year-52.03%
10 Year-68.32%
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%9.6%
ATR Inc2.45%
Range Today0.17
ADR(20)0.21
ADR(20)%8.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.81
Mansfield-5.12
10 Day High2.42
10 Day Low1.9
20 Day High2.89
20 Day Low1.9
52 Week High7.2
52 Week Low1.14
CS1 End2.15
CR1 Start2.37
Volume & EV
DER(3)3.87%
DER(5)2.76%
Volume783.70K
Volume Incr-45.05%
Vol(5)817.24K
Vol(50)2.08M