ALLARITY THERAPEUTICS INC (ALLR) Stock Technical Analysis
NASDAQ:ALLR - US0167445008 - Common Stock
1.43 USD
+0.49 (+51.92%)
1.41 USD
-0.02 (-1.4%)
We assign a technical rating of 3 out of 10 to ALLR. In the past year, ALLR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
78% of all other stocks performed better in the past year than ALLR.
ALLR 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.
In the last month ALLR has a been trading in the 0.84 - 2.35 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.
ALLR has an average volume of 8100260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ALLR is an average performer in the Biotechnology industry, it outperforms 52% of 547 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.
The technical rating of ALLR is bad and it also does not present a 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
0.87
1.44
We found 2 important support areas.
- A support zone ranging from 0.98 to 1.00. 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 0.88 to 0.89. 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 ALLR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALLR is neutral. |
| ChartMill Relative Strength | 22.67 | NEGATIVE | ALLR has a low relative strength, it was outperformed by 77.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALLR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALLR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ALLR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 76.12 | OVERBOUGHT | The high RSI value suggests ALLR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ALLR has a positive trend. |
| Stochastics (14,3) | 45.75 | NEUTRAL | The Stochastics value for ALLR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.5 | HIGH VOLATILITY | The high ATR as a percentage value for ALLR suggests high volalility. |
| Average Directional Index/ADX (14) | 22.14 | NEUTRAL | The ADX value for ALLR 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)
1.43
+0.49 (+51.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg51.92%
1 Week57.99%
2 Weeks48.97%
1 Month34.91%
3 Month65.03%
6 Month79.04%
12 Month-73.74%
2 Year-99.87%
3 Year-100%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%8.5%
ATR Inc1289.1%
Range Today0.96
ADR(20)0.1
ADR(20)%6.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.67
Mansfield0.37
10 Day High2.35
10 Day Low0.84
20 Day High2.35
20 Day Low0.84
52 Week High5.36
52 Week Low0.61
CS1 End1
CR1 StartN/A
Volume & EV
DER(3)-1.61%
DER(5)0.87%
Volume384.73M
Volume Incr15119.27%
Vol(5)77.02M
Vol(50)8.10M