ALIGOS THERAPEUTICS INC (ALGS) Stock Technical Analysis
NASDAQ:ALGS - Nasdaq - US01626L2043 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to ALGS. ALGS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
ALGS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ALGS has a been trading in the 7.01 - 9.92 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ALGS is one of the better performing stocks in the Biotechnology industry, it outperforms 72% of 551 stocks in the same industry.
Looking at the yearly performance, ALGS did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ALGS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.05. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ALGS 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
7.20
9.26
2 important support areas can be observed.
- Support @7.45 from a horizontal line in the weekly time frame.
- Support @7.27 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.05 to 9.17. 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 | DOWN | NEGATIVE | The long term trend for ALGS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALGS is down. |
| ChartMill Relative Strength | 78.41 | POSITIVE | ALGS has a high relative strength, it outperformed 78.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALGS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALGS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ALGS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.71 | NEUTRAL | The RSI value for ALGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ALGS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.62 | OVERSOLD | The low Stochastics value suggests ALGS may be oversold. |
| Average True Range in percent/ATR (20) | 9.37 | HIGH VOLATILITY | The high ATR as a percentage value for ALGS suggests high volalility. |
| Average Directional Index/ADX (14) | 28.88 | POSITIVE | The high ADX value value for ALGS 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)
NASDAQ:ALGS (8/4/2025, 5:20:00 PM)
8
+0.54 (+7.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.24%
1 Week-8.68%
2 Weeks-7.41%
1 Month6.67%
3 Month78.57%
6 Month-70.94%
12 Month-41.82%
2 Year-62.83%
3 Year-74.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%9.37%
ATR Inc2.02%
Range Today0.58
ADR(20)0.74
ADR(20)%9.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.41
Mansfield-4.95
10 Day High9.44
10 Day Low7.01
20 Day High9.92
20 Day Low7.01
52 Week High46.8
52 Week Low3.76
CS1 End7.45
CR1 Start9.05
Volume & EV
DER(3)5.29%
DER(5)-5.5%
Volume28.71K
Volume Incr-37.63%
Vol(5)52.00K
Vol(50)102.20K