ALKERMES PLC (ALKS) Stock Technical Analysis
NASDAQ:ALKS - Nasdaq - IE00B56GVS15 - Common Stock - Currency: USD
Taking everything into account, ALKS scores 7 out of 10 in our technical rating. ALKS has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ALKS is part of the Biotechnology industry. There are 561 other stocks in this industry. ALKS outperforms 85% of them.
In the last month ALKS has a been trading in the 26.86 - 31.99 range, which is quite wide. It is currently trading near the high of this range.
ALKS has an average volume of 1774250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ALKS is one of the better performing stocks in the market, outperforming 80% of all stocks. However, ALKS's most recent performance is quite weak.
ALKS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALKS is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
ALKS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 31.37, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
23.56
36.37
We found 6 important support areas.
- A support zone ranging from 30.83 to 31.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.08 to 30.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @27.53 from a trend line in the weekly time frame.
- Support @27.00 from a horizontal line in the weekly time frame.
- Support @25.94 from a horizontal line in the daily time frame.
- Support @23.80 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @32.70 from a trend line in the daily time frame.
- A resistance zone ranging from 35.90 to 36.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.98
Mansfield0.53
10 Day High31.75
10 Day Low29.78
20 Day High31.99
20 Day Low26.86
52 Week High36.45
52 Week Low22.9
Performance
1 Week2.69%
2 Weeks4.31%
1 Month16.82%
3 Month-10.33%
6 Month10.04%
12 Month31.85%
2 Year9.47%
3 Year6.1%
5 Year93.58%
10 Year-48.17%
15 Year179.03%
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)
Technical Indicators
MACD(12,26,9)0.26
RSI(14)60.51
LBB29.9
UBB32.03
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 |
|---|---|---|---|
| 32.71 | 30.82 | 1.89 (5.78%) | 17.31% |
| An entry @32.71. This is a Buy Stop order right above the resistance zone. | An exit @30.82. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.89 points, which is 5.78%. | When investing 17.31% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
31.67
+0.22 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.7%
1 Week2.69%
2 Weeks4.31%
1 Month16.82%
3 Month-10.33%
6 Month10.04%
12 Month31.85%
2 Year9.47%
3 Year6.1%
5 Year93.58%
10 Year-48.17%
15 Year179.03%
Volatility
ATR(14)1.01
ATR(20)%3.01%
ATR Inc-59.84%
Range Today0.49
ADR(20)0.91
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.98
Mansfield0.53
10 Day High31.75
10 Day Low29.78
20 Day High31.99
20 Day Low26.86
52 Week High36.45
52 Week Low22.9
CS1 End31.37
CR1 Start32.7
Volume & EV
DER(3)0.79%
DER(5)0.06%
Volume1.69M
Volume Incr-45.1%
Vol(5)1.04M
Vol(50)1.77M