ALIGOS THERAPEUTICS INC (ALGS) Stock Technical Analysis
NASDAQ:ALGS - Nasdaq - US01626L2043 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to ALGS. ALGS has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
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.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, ALGS turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
ALGS is an average performer in the Biotechnology industry, it outperforms 59% of 555 stocks in the same industry.
In the last month ALGS has a been trading in the 5.91 - 8.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ALGS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.20, a Stop Loss order could be placed below this zone. 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
6.24
8.46
When analyzing the support we can see 3 important areas.
- Support @7.83 from a trend line in the daily time frame.
- A support zone ranging from 7.13 to 7.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.30 to 6.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 2 important resistance areas.
- Resistance @7.85 from a horizontal line in the weekly time frame.
- Resistance @8.38 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 | DOWN | NEGATIVE | The long term trend for ALGS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALGS is up. |
| ChartMill Relative Strength | 40.9 | NEUTRAL | ALGS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALGS is above 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) | DOWN | NEGATIVE | The current price of ALGS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.04 | NEUTRAL | The RSI value for ALGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ALGS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.64 | NEUTRAL | The Stochastics value for ALGS is a neutral value. |
| Average True Range in percent/ATR (20) | 10.39 | HIGH VOLATILITY | The high ATR as a percentage value for ALGS suggests high volalility. |
| Average Directional Index/ADX (14) | 27.83 | 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 (7/3/2025, 2:43:28 PM)
7.84
+0.53 (+7.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.25%
1 Week9.8%
2 Weeks-6.33%
1 Month24.64%
3 Month31.76%
6 Month-81.94%
12 Month-22.4%
2 Year-64.76%
3 Year-74.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%10.39%
ATR Inc-12.12%
Range Today0.81
ADR(20)0.8
ADR(20)%10.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.9
Mansfield-5.2
10 Day High8.65
10 Day Low6.82
20 Day High8.65
20 Day Low5.91
52 Week High46.8
52 Week Low3.76
CS1 End7.2
CR1 Start7.66
Volume & EV
DER(3)5.88%
DER(5)5.68%
Volume96.00K
Volume Incr-47.02%
Vol(5)72.18K
Vol(50)136.82K