ALKERMES PLC (ALKS) Stock Technical Analysis
NASDAQ:ALKS - IE00B56GVS15 - Common Stock
29.94 USD
+1.02 (+3.53%)
32 USD
+2.06 (+6.88%)
Overall ALKS gets a technical rating of 6 out of 10. ALKS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ALKS has an average volume of 1825660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ALKS turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
ALKS is part of the Biotechnology industry. There are 541 other stocks in this industry, ALKS did better than 58% of them.
ALKS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALKS is lagging the market.
In the last month ALKS has a been trading in the 26.48 - 31.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALKS has an average technical rating and also the quality of the setup is only medium 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
30.76
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.35 to 29.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.09 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.95 to 30.46. 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 | 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 | 43.12 | NEUTRAL | ALKS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALKS is above the rising 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 | MIXED | The current price of ALKS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.07 | NEUTRAL | The RSI value for ALKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ALKS has a positive trend. |
| Stochastics (14,3) | 42.34 | NEUTRAL | The Stochastics value for ALKS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for ALKS suggests some volalility. |
| Average Directional Index/ADX (14) | 30.75 | POSITIVE | The high ADX value value for ALKS 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)
29.94
+1.02 (+3.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.53%
1 Week3.49%
2 Weeks3.03%
1 Month12.58%
3 Month-5.58%
6 Month-12.84%
12 Month11.47%
2 Year6.89%
3 Year34.08%
5 Year80.69%
10 Year-48.97%
15 Year104.37%
Volatility
ATR(14)0.9
ATR(20)%2.83%
ATR Inc74.13%
Range Today1.54
ADR(20)0.8
ADR(20)%2.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.12
Mansfield-0.85
10 Day High31.69
10 Day Low28.64
20 Day High31.69
20 Day Low26.48
52 Week High36.45
52 Week Low25.56
CS1 End29.31
CR1 Start29.95
Volume & EV
DER(3)2.12%
DER(5)1.88%
Volume2.50M
Volume Incr58.39%
Vol(5)2.07M
Vol(50)1.83M