ALLAKOS INC (ALLK) Stock Technical Analysis
NASDAQ:ALLK - Nasdaq - US01671P1003 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to ALLK. Recently some decent action could be observed, but in the medium term time frame this is still negative. ALLK was also a bad performer in the overall market in the last year.
90% of all other stocks performed better in the past year than ALLK.
ALLK 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.
ALLK has an average volume of 1250590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ALLK is an average performer in the Biotechnology industry, it outperforms 43% of 559 stocks in the same industry.
In the last month ALLK has a been trading in a tight range between 0.32 and 0.33.
Considerably lower volume is observed in the last couple of days.
ALLK has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.32
0.33
We found 1 important support area.
- A support zone ranging from 0.32 to 0.32. 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 | DOWN | NEGATIVE | The long term trend for ALLK is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALLK is up. |
| ChartMill Relative Strength | 10.76 | NEGATIVE | ALLK has a low relative strength, it was outperformed by 89.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALLK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALLK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALLK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.27 | NEUTRAL | The RSI value for ALLK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALLK has a negative trend. |
| Stochastics (14,3) | 92.24 | OVERBOUGHT | The high Stochastics value suggests ALLK may be overbought. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for ALLK suggests low volalility. |
| Average Directional Index/ADX (14) | 22.48 | NEUTRAL | The ADX value for ALLK 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)
0.3291
0 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.06%
1 Week0.43%
2 Weeks0.98%
1 Month1.89%
3 Month5.24%
6 Month-71.63%
12 Month-77.15%
2 Year-93.39%
3 Year-89.03%
5 Year-99.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%0.83%
ATR Inc-40.79%
Range Today0
ADR(20)0
ADR(20)%0.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.76
Mansfield-5.58
10 Day High0.33
10 Day Low0.32
20 Day High0.33
20 Day Low0.32
52 Week High1.56
52 Week Low0.22
CS1 End0.32
CR1 StartN/A
Volume & EV
DER(3)-5.14%
DER(5)-5.77%
Volume725.80K
Volume Incr-43.5%
Vol(5)457.48K
Vol(50)1.25M