ALKERMES PLC (ALKS) Stock Technical Analysis
USA - NASDAQ:ALKS - IE00B56GVS15 - Common Stock
Taking everything into account, ALKS scores 5 out of 10 in our technical rating. In the past year, ALKS was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, ALKS does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
25.83
When analyzing the support we can see 4 important areas.
- A support zone ranging from 30.66 to 30.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.56 to 30.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.52 to 26.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.09 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 31.04 to 31.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.78 to 32.23. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for ALKS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALKS is up. |
| ChartMill Relative Strength | 75.58 | POSITIVE | ALKS has a high relative strength, it outperformed 75.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALKS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALKS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALKS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.88 | NEUTRAL | The RSI value for ALKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests ALKS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.17 | NEUTRAL | The Stochastics value for ALKS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for ALKS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.65 | NEGATIVE | The low ADX value for ALKS suggests a weak or negative trend. |
30.82
-0.63 (-2%)
ALKERMES PLC / ALKS FAQ
What is the technical rating for ALKS stock?
ChartMill assigns a technical rating of 5 / 10 to ALKS.
What is the trend direction for ALKS stock?
The current trend direction for ALKERMES PLC (ALKS) is Bearish.
Can you provide the RSI signal for ALKERMES PLC?
ALKERMES PLC (ALKS) has an RSI value of 52.8834. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ALKERMES PLC?
The MACD indicator for ALKERMES PLC (ALKS) has a value of -0.124222, indicating a bearish trend.
What are the support and resistance levels for ALKERMES PLC (ALKS) stock?
ALKERMES PLC (ALKS) has a support level at 30.8 and a resistance level at 31.04. Check the full technical report for our detailed analysis of ALKS support and resistance levels.