ALIGOS THERAPEUTICS INC (ALGS)

US01626L1052 - Common Stock

0.8101  -0.04 (-4.24%)

Technical Rating and Analysis

2

Taking everything into account, ALGS scores 2 out of 10 in our technical rating. ALGS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

When comparing the yearly performance of all stocks, ALGS is a bad performer in the overall market: 80% of all stocks are doing better.
In the last month ALGS has a been trading in the 0.73 - 1.10 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ALGS is an average performer in the Biotechnology industry, it outperforms 50% of 588 stocks in the same industry.
ALGS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALGS is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ALGS Weekly chart
ALGS Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, ALGS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.74, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.72

1.12

When analyzing the support we notice one important area.

  • A support zone ranging from 0.73 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 0.85 to 0.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.99 from a trend line in the weekly time frame.
  • Resistance @1.02 from a trend line in the daily time frame.
  • Resistance @1.11 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.2
Mansfield-1.37
10 Day High0.9
10 Day Low0.73
20 Day High1.1
20 Day Low0.73
52 Week High1.34
52 Week Low0.54
Performance
1 Week3.59%
2 Weeks8.01%
1 Month-22.11%
3 Month12.51%
6 Month6.56%
12 Month-34.67%
2 Year-37.2%
3 Year-97.09%
5 YearN/A
10 YearN/A
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
RSI(14)45.25
LBB0.73
UBB0.86
ALGS Daily chart

ALIGOS THERAPEUTICS INC

NASDAQ:ALGS (5/3/2024, 3:30:00 PM)

0.8101

-0.04 (-4.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.24%
1 Week3.59%
2 Weeks8.01%
1 Month-22.11%
3 Month12.51%
6 Month6.56%
12 Month-34.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%9.77%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.9
10 Day Low0.73
20 Day High1.1
20 Day Low0.73
52 Week High1.34
52 Week Low0.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume185.33K
Volume Incr-40.53%
Vol(5)183.25K
Vol(50)417.17K