ALIMERA SCIENCES INC (ALIM) Technical Analysis
NASDAQ:ALIM • US0162592028
Current stock price
ALIM Technical Rating and Analysis
Taking everything into account, ALIM scores 7 out of 10 in our technical rating. In the last year, ALIM was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- ALIM is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 90% of 192 stocks in the same industry.
- ALIM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ALIM is leading the market.
- In the last month ALIM has a been trading in the 4.32 - 5.63 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- When comparing the yearly performance of all stocks, we notice that ALIM is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- Volume is considerably higher in the last couple of days.
ALIM Weekly and Daily overview Charts
ALIM Setup Rating and Analysis
Besides having an excellent technical rating, ALIM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.52, a Stop Loss order could be placed below this zone.
More info and screens
ALIM Support and Resistance Analysis
3.08
5 important support areas can be observed.
- A support zone ranging from 5.50 to 5.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.30 from a trend line in the daily time frame.
- A support zone ranging from 5.18 to 5.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.37 from a trend line in the weekly time frame.
- Support @3.11 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.54 to 5.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ALIM Technical Indicator Signal Analysis
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 ALIM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALIM is up. |
| ChartMill Relative Strength | 96.39 | POSITIVE | ALIM has a high relative strength, it outperformed 96.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALIM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ALIM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALIM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.49 | NEUTRAL | The RSI value for ALIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ALIM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 93.13 | OVERBOUGHT | The high Stochastics value suggests ALIM may be overbought. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for ALIM suggests some volalility. |
| Average Directional Index/ADX (14) | 43.37 | POSITIVE | The high ADX value value for ALIM suggests a strong trend. |
ALIM Chart- and CandleStick Pattern Analysis
ALIM Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.62 | 5.49 | 0.13 (2.31%) | 25.00% |
| An entry @5.62. This is a Buy Stop order right above the resistance zone. | An exit @5.49. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.13 points, which is 2.31%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%. |
- The distance between exit and entry is rather small compared to the average daily movement of ALIM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ALIM Technicals: Chart, Performance Metrics, Trend & Indicators
5.54
-0.01 (-0.18%)
ALIMERA SCIENCES INC / ALIM TA FAQ
What is the technical rating for ALIM stock?
ChartMill assigns a technical rating of 7 / 10 to ALIM.
Can you provide the trend direction for ALIMERA SCIENCES INC?
The current trend direction for ALIMERA SCIENCES INC (ALIM) is Bearish.
What is the RSI signal for ALIM stock?
ALIMERA SCIENCES INC (ALIM) has an RSI value of 52.4882. This indicates that the stock is currently neutral.
What is the MACD signal for ALIM stock?
The MACD indicator for ALIMERA SCIENCES INC (ALIM) has a value of -0.0158558, indicating a bearish trend.
What are the support and resistance levels for ALIMERA SCIENCES INC (ALIM) stock?
ALIMERA SCIENCES INC (ALIM) has a support level at 5.52 and a resistance level at 5.54. Check the full technical report for our detailed analysis of ALIM support and resistance levels.