ALDEYRA THERAPEUTICS INC (ALDX) Stock Technical Analysis
USA - NASDAQ:ALDX - US01438T1060 - Common Stock
We assign a technical rating of 0 out of 10 to ALDX. ALDX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ALDX has a poor technical rating and the quality of the setup is also 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
4.75
When analyzing the support we notice one important area.
- A support zone ranging from 4.80 to 4.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 4.81 to 4.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.21 to 5.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.53 from a trend line in the daily time frame.
- Resistance @5.89 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ALDX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALDX is down. |
| ChartMill Relative Strength | 21.93 | NEGATIVE | ALDX has a low relative strength, it was outperformed by 78.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALDX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALDX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ALDX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.76 | NEUTRAL | The RSI value for ALDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ALDX has a negative trend. |
| Stochastics (14,3) | 20.41 | NEUTRAL | The Stochastics value for ALDX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.84 | HIGH VOLATILITY | The high ATR as a percentage value for ALDX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.31 | NEGATIVE | The low ADX value for ALDX suggests a weak or negative trend. |
4.81
-0.12 (-2.43%)
ALDEYRA THERAPEUTICS INC / ALDX FAQ
What is the technical rating for ALDX stock?
ChartMill assigns a technical rating of 0 / 10 to ALDX.
What is the trend direction for ALDX stock?
The current trend direction for ALDEYRA THERAPEUTICS INC (ALDX) is Bearish.
What is the RSI signal for ALDX stock?
ALDEYRA THERAPEUTICS INC (ALDX) has an RSI value of 37.7637. This indicates that the stock is currently neutral.
What are the support and resistance levels for ALDEYRA THERAPEUTICS INC (ALDX) stock?
ALDEYRA THERAPEUTICS INC (ALDX) has a support level at 4.8 and a resistance level at 4.81. Check the full technical report for our detailed analysis of ALDX support and resistance levels.