ALKERMES PLC (ALKS) Technical Analysis
NASDAQ:ALKS • IE00B56GVS15
Current stock price
34.84 USD
-0.21 (-0.6%)
At close:
34.85 USD
+0.01 (+0.03%)
Pre-Market:
ALKS Technical Rating and Analysis
Overall ALKS gets a technical rating of 7 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- ALKS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ALKS is performing more or less in line with the market.
- In the last month ALKS has a been trading in the 27.00 - 36.48 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- ALKS has an average volume of 2419150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, ALKS did better than 74% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- ALKS is an average performer in the Biotechnology industry, it outperforms 56% of 517 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.
ALKS Weekly and Daily overview Charts
ALKS Setup Rating and Analysis
Although ALKS has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ALKS Support and Resistance Analysis
25.83
36.25
We found 4 important support areas.
- A support zone ranging from 29.38 to 29.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 27.77 to 27.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.13 from a horizontal line in the daily time frame.
- Support @26.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.92 to 35.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
ALKS Technical Indicator Signal Analysis
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 | 74.42 | POSITIVE | ALKS has a high relative strength, it outperformed 74.42% off all stocks 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 | POSITIVE | The current price of ALKS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.71 | OVERBOUGHT | The high RSI value suggests ALKS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.95 | POSITIVE | The MACD value suggests ALKS has a positive trend. |
| Stochastics (14,3) | 86.1 | OVERBOUGHT | The high Stochastics value suggests ALKS may be overbought. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for ALKS suggests some volalility. |
| Average Directional Index/ADX (14) | 28.97 | POSITIVE | The high ADX value value for ALKS suggests a strong trend. |
ALKS Chart- and CandleStick Pattern Analysis
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)
ALKS Technicals: Chart, Performance Metrics, Trend & Indicators
34.84
-0.21 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.6%
1 Week16.44%
2 Weeks22.68%
1 Month22.89%
3 Month23.28%
6 Month12.17%
12 Month15.9%
2 Year41.97%
3 Year22.03%
5 Year58.33%
10 Year-12.35%
15 Year141.61%
Volatility
ATR(14)1.48
ATR(20)%3.78%
ATR Inc18.88%
Range Today1.01
ADR(20)1.18
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.42
3 months CRS91.96
6 months CRS82.59
Mansfield1.46
10 Day High36.48
10 Day Low27.31
20 Day High36.48
20 Day Low27
52 Week High36.48
52 Week Low25.17
CS1 End29.75
CR1 Start34.92
Volume & EV
DER(3)5.32%
DER(5)3.85%
Volume2.49M
Volume Incr101.29%
Vol(5)4.78M
Vol(50)2.42M
ALKERMES PLC / ALKS TA FAQ
What is the technical rating for ALKS stock?
ChartMill assigns a technical rating of 7 / 10 to ALKS.
What is the current trend direction of ALKERMES PLC (ALKS) stock?
The current trend direction for ALKERMES PLC (ALKS) is Bearish.
What is the RSI signal for ALKS stock?
ALKERMES PLC (ALKS) has an RSI value of 70.7137. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ALKERMES PLC?
The MACD indicator for ALKERMES PLC (ALKS) has a value of 0.953604, indicating a bearish trend.
What are the support and resistance levels for ALKERMES PLC (ALKS) stock?
ALKERMES PLC (ALKS) has a support level at 29.75 and a resistance level at 34.92. Check the full technical report for our detailed analysis of ALKS support and resistance levels.