ALKERMES PLC (ALKS) Stock Technical Analysis
NASDAQ:ALKS - Nasdaq - IE00B56GVS15 - Common Stock - Currency: USD
Overall ALKS gets a technical rating of 0 out of 10. 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.
81% of all other stocks performed better in the past year than ALKS.
ALKS 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.
In the last month ALKS has a been trading in the 26.05 - 30.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ALKS has an average volume of 1741070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ALKS is an average performer in the Biotechnology industry, it outperforms 54% of 556 stocks in the same industry.
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
23.17
32.10
We found 2 important support areas.
- Support @23.80 from a horizontal line in the weekly time frame.
- Support @23.40 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 29.36 to 29.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.78 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 | NEUTRAL | NEUTRAL | The long term trend for ALKS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALKS is down. |
| ChartMill Relative Strength | 19.83 | NEGATIVE | ALKS has a low relative strength, it was outperformed by 80.17% 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) | DOWN | NEGATIVE | The current price of ALKS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALKS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.3 | OVERSOLD | The low RSI value suggests ALKS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests ALKS has a negative trend. |
| Stochastics (14,3) | 11.68 | OVERSOLD | The low Stochastics value suggests ALKS may be oversold. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for ALKS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.2 | NEUTRAL | The ADX value for ALKS suggests a possible start of a new 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)
26.13
-0.4 (-1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.51%
1 Week-10.57%
2 Weeks-13.71%
1 Month-9.37%
3 Month-6.14%
6 Month-16.22%
12 Month-6.28%
2 Year-10.76%
3 Year2.07%
5 Year45.09%
10 Year-62.68%
15 Year102.56%
Volatility
ATR(14)0.91
ATR(20)%3.31%
ATR Inc-27.29%
Range Today0.57
ADR(20)0.84
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.83
Mansfield-1.98
10 Day High30.44
10 Day Low26.05
20 Day High30.9
20 Day Low26.05
52 Week High36.45
52 Week Low25.56
CS1 End23.8
CR1 Start29.36
Volume & EV
DER(3)2.83%
DER(5)0.58%
Volume1.69M
Volume Incr56.31%
Vol(5)2.81M
Vol(50)1.74M