ALKERMES PLC (ALKS) Stock Technical Analysis
NASDAQ:ALKS - Nasdaq - IE00B56GVS15 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ALKS. ALKS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
66% of all other stocks performed better in the past year than ALKS.
ALKS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ALKS has a been trading in the 25.71 - 29.12 range, which is quite wide. It is currently trading near the high of this range.
ALKS has an average volume of 1860400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ALKS is an average performer in the Biotechnology industry, it outperforms 56% of 549 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ALKS 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.
More info and screens
23.56
32.03
We found 2 important support areas.
- A support zone ranging from 26.09 to 26.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.80 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @29.07 from a trend line in the daily time frame.
- Resistance @30.28 from a horizontal line in the weekly time frame.
- Resistance @31.71 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 ALKS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALKS is up. |
| ChartMill Relative Strength | 34.05 | NEUTRAL | ALKS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALKS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ALKS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ALKS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.09 | NEUTRAL | The RSI value for ALKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests ALKS has a positive trend. |
| Stochastics (14,3) | 93.11 | OVERBOUGHT | The high Stochastics value suggests ALKS may be overbought. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for ALKS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.37 | NEGATIVE | The low ADX value for ALKS suggests a weak or negative 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)
29.05
+0.79 (+2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.8%
1 Week8.76%
2 Weeks9.42%
1 Month-0.58%
3 Month-7.54%
6 Month-19.06%
12 Month6.61%
2 Year-0.48%
3 Year22.73%
5 Year75.63%
10 Year-51.23%
15 Year118.92%
Volatility
ATR(14)0.91
ATR(20)%3.29%
ATR Inc-25.67%
Range Today0.74
ADR(20)0.91
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.05
Mansfield-1.11
10 Day High29.12
10 Day Low26.07
20 Day High29.12
20 Day Low25.72
52 Week High36.45
52 Week Low25.56
CS1 End26.59
CR1 Start29.07
Volume & EV
DER(3)-0.08%
DER(5)0.26%
Volume1.59M
Volume Incr-43.49%
Vol(5)1.22M
Vol(50)1.86M