ALLOT LTD (ALLT) Stock Technical Analysis
NASDAQ:ALLT - IL0010996549 - Common Stock
7.86 USD
-0.11 (-1.38%)
7.75 USD
-0.11 (-1.4%)
We assign a technical rating of 8 out of 10 to ALLT. In the last year, ALLT was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that ALLT is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, ALLT also shows a nice and consistent pattern of rising prices.
ALLT is one of the better performing stocks in the Software industry, it outperforms 86% of 280 stocks in the same industry.
ALLT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALLT is lagging the market.
In the last month ALLT has a been trading in the 7.05 - 8.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ALLT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
4.69
8.35
We found 6 important support areas.
- A support zone ranging from 7.61 to 7.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.48 from a trend line in the daily time frame.
- A support zone ranging from 7.19 to 7.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.48 from a trend line in the weekly time frame.
- Support @5.99 from a trend line in the daily time frame.
- Support @4.74 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @7.87 from a horizontal line in the weekly time frame.
- Resistance @8.00 from a trend line in the daily time frame.
- A resistance zone ranging from 8.15 to 8.27. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ALLT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALLT is neutral. |
| ChartMill Relative Strength | 93.93 | POSITIVE | ALLT has a high relative strength, it outperformed 93.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALLT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALLT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.18 | NEUTRAL | The RSI value for ALLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ALLT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.05 | NEUTRAL | The Stochastics value for ALLT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for ALLT suggests high volalility. |
| Average Directional Index/ADX (14) | 17.3 | NEGATIVE | The low ADX value for ALLT suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.88 | 7.60 | 0.28 (3.55%) | 25.00% |
| An entry @7.88. This is a Buy Stop order right above the resistance zone. | An exit @7.60. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.28 points, which is 3.55%. | For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ALLT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.86
-0.11 (-1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.38%
1 Week0.9%
2 Weeks9.17%
1 Month7.52%
3 Month-8.82%
6 Month32.77%
12 Month134.98%
2 Year213.15%
3 Year73.13%
5 Year-25.29%
10 Year50.57%
15 Year57.83%
Volatility
ATR(14)0.45
ATR(20)%5.14%
ATR Inc-27.07%
Range Today0.27
ADR(20)0.4
ADR(20)%5.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.93
Mansfield1.73
10 Day High8.42
10 Day Low7.05
20 Day High8.42
20 Day Low7.05
52 Week High10.77
52 Week Low2.75
CS1 End7.76
CR1 Start7.87
Volume & EV
DER(3)-6.24%
DER(5)-0.39%
Volume280.20K
Volume Incr-9.66%
Vol(5)467.72K
Vol(50)776.82K