ALLOGENE THERAPEUTICS INC (ALLO) Stock Technical Analysis
NASDAQ:ALLO - Nasdaq - US0197701065 - Common Stock - Currency: USD
Taking everything into account, ALLO scores 0 out of 10 in our technical rating. ALLO'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.
ALLO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.18, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALLO 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.
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1.11
2 important support areas can be observed.
- A support zone ranging from 1.17 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.12 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.46 from a horizontal line in the daily time frame.
- Resistance @2.28 from a trend 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 | DOWN | NEGATIVE | The long term trend for ALLO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALLO is neutral. |
| ChartMill Relative Strength | 5.35 | NEGATIVE | ALLO has a low relative strength, it was outperformed by 94.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALLO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALLO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALLO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.67 | NEUTRAL | The RSI value for ALLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALLO has a positive trend. |
| Stochastics (14,3) | 75.84 | NEUTRAL | The Stochastics value for ALLO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.71 | HIGH VOLATILITY | The high ATR as a percentage value for ALLO suggests high volalility. |
| Average Directional Index/ADX (14) | 13.33 | NEGATIVE | The low ADX value for ALLO suggests a weak or negative trend. |
NASDAQ:ALLO (7/15/2025, 3:02:58 PM)
1.245
-0.04 (-3.49%)