ALKAMI TECHNOLOGY INC (ALKT) Technical Analysis
NASDAQ:ALKT • US01644J1088
Current stock price
ALKT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ALKT. ALKT'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ALKT is a bad performer in the overall market: 89% of all stocks are doing better.
- ALKT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- ALKT has an average volume of 2087160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ALKT is part of the Software industry. There are 271 other stocks in this industry, ALKT did better than 47% of them.
- In the last month ALKT has a been trading in the 15.08 - 18.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALKT Weekly and Daily overview Charts
ALKT Setup Rating and Analysis
Although the technical rating is bad, ALKT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 15.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALKT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ALKT Support and Resistance Analysis
15.10
We found 1 important support area.
- A support zone ranging from 15.25 to 15.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 16.42 to 16.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.00 to 18.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @18.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.99 to 20.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.29 from a horizontal line in the daily time frame.
- Resistance @23.81 from a horizontal line in the daily time frame.
ALKT 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 | DOWN | NEGATIVE | The long term trend for ALKT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALKT is down. |
| ChartMill Relative Strength | 11.94 | NEGATIVE | ALKT has a low relative strength, it was outperformed by 88.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALKT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALKT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALKT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.38 | NEUTRAL | The RSI value for ALKT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ALKT has a positive trend. |
| Stochastics (14,3) | 38.04 | NEUTRAL | The Stochastics value for ALKT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.25 | HIGH VOLATILITY | The high ATR as a percentage value for ALKT suggests high volalility. |
| Average Directional Index/ADX (14) | 14.88 | NEGATIVE | The low ADX value for ALKT suggests a weak or negative trend. |
ALKT Chart- and CandleStick Pattern Analysis
ALKT Technicals: Chart, Performance Metrics, Trend & Indicators
16.35
+0.22 (+1.36%)
ALKAMI TECHNOLOGY INC / ALKT TA FAQ
What is the technical rating for ALKT stock?
ChartMill assigns a technical rating of 0 / 10 to ALKT.
What is the trend direction for ALKT stock?
The current trend direction for ALKAMI TECHNOLOGY INC (ALKT) is Bearish.
What is the RSI signal for ALKAMI TECHNOLOGY INC (ALKT) stock?
ALKAMI TECHNOLOGY INC (ALKT) has an RSI value of 47.3797. This indicates that the stock is currently neutral.
What is the buy/sell signal for ALKAMI TECHNOLOGY INC (ALKT) stock?
The buy/sell signal for ALKAMI TECHNOLOGY INC (ALKT) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ALKAMI TECHNOLOGY INC?
ALKAMI TECHNOLOGY INC (ALKT) has a support level at 15.48 and a resistance level at 16.42. Check the full technical report for our detailed analysis of ALKT support and resistance levels.