NASDAQ:ALDX - Nasdaq - US01438T1060 - Common Stock - Currency: USD
Overall ALDX gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ALDX was also a bad performer in the overall market in the last year.
The technical rating of ALDX is bad and it also does not present a 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.
1.93
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice one important area.
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 | DOWN | NEGATIVE | The long term trend for ALDX is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALDX is up. |
ChartMill Relative Strength | 5.56 | NEGATIVE | ALDX has a low relative strength, it was outperformed by 94.44% 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) | DOWN | MIXED | The current price of ALDX is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALDX is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 57.5 | NEUTRAL | The RSI value for ALDX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ALDX has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 82.22 | OVERBOUGHT | The high Stochastics value suggests ALDX may be overbought. |
Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for ALDX suggests high volalility. |
Average Directional Index/ADX (14) | 25.4 | POSITIVE | The high ADX value value for ALDX suggests a strong trend. |
2.78
-0.15 (-5.12%)