We assign a technical rating of 0 out of 10 to ALLR. ALLR'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.
Although the technical rating is bad, ALLR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.97
When analyzing the support we can see 4 important areas.
- Support @1.09 from a trend line in the weekly time frame.
- Support @1.06 from a horizontal line in the weekly time frame.
- Support @1.02 from a trend line in the daily time frame.
- A support zone ranging from 0.98 to 0.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.18 from a horizontal line in the daily time frame.
- Resistance @1.21 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 ALLR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALLR is down. |
| ChartMill Relative Strength | 22.76 | NEGATIVE | ALLR has a low relative strength, it was outperformed by 77.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALLR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALLR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ALLR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.96 | NEUTRAL | The RSI value for ALLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALLR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.72 | NEUTRAL | The Stochastics value for ALLR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.38 | HIGH VOLATILITY | The high ATR as a percentage value for ALLR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.01 | NEGATIVE | The low ADX value for ALLR suggests a weak or negative trend. |
1.14
-0.01 (-0.87%)
ALLARITY THERAPEUTICS INC / ALLR FAQ
Can you provide the ChartMill technical rating for ALLARITY THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to ALLR.
What is the trend direction for ALLR stock?
The current trend direction for ALLARITY THERAPEUTICS INC (ALLR) is Bearish.
What is the RSI signal for ALLR stock?
ALLARITY THERAPEUTICS INC (ALLR) has an RSI value of 44.9594. This indicates that the stock is currently neutral.
What is the buy/sell signal for ALLARITY THERAPEUTICS INC (ALLR) stock?
The buy/sell signal for ALLARITY THERAPEUTICS INC (ALLR) is sell as both the short term and long term trends are negative.
What is the support and resistance level for ALLR stock?
ALLARITY THERAPEUTICS INC (ALLR) has a support level at 1.09 and a resistance level at 1.15. Check the full technical report for our detailed analysis of ALLR support and resistance levels.