ALLOT LTD (ALLT) Technical Analysis
NASDAQ:ALLT • IL0010996549
Current stock price
ALLT Technical Rating and Analysis
Taking everything into account, ALLT scores 1 out of 10 in our technical rating. ALLT'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.
- 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.
- When comparing the yearly performance of all stocks, ALLT is a bad performer in the overall market: 73% of all stocks are doing better.
- ALLT 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.
- ALLT is part of the Software industry. There are 272 other stocks in this industry. ALLT outperforms 71% of them.
- In the last month ALLT has a been trading in the 6.12 - 7.45 range, which is quite wide. It is currently trading near the high of this range.
ALLT Weekly and Daily overview Charts
ALLT Setup Rating and Analysis
The technical rating of ALLT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ALLT Support and Resistance Analysis
6.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.97 to 6.97. 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 6.58 to 6.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.34 to 6.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.45 to 7.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.64 from a horizontal line in the weekly time frame.
- Resistance @11.21 from a horizontal line in the daily time frame.
ALLT Technical Indicator Signal Analysis
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 ALLT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALLT is neutral. |
| ChartMill Relative Strength | 27.08 | NEGATIVE | ALLT has a low relative strength, it was outperformed by 72.92% 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 | MIXED | The current price of ALLT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALLT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.23 | 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. |
| Stochastics (14,3) | 86.17 | OVERBOUGHT | The high Stochastics value suggests ALLT may be overbought. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.41 | NEGATIVE | The low ADX value for ALLT suggests a weak or negative trend. |
ALLT Chart- and CandleStick Pattern Analysis
ALLT Technicals: Chart, Performance Metrics, Trend & Indicators
7.44
+0.31 (+4.35%)
ALLOT LTD / ALLT TA FAQ
What is the technical rating for ALLT stock?
ChartMill assigns a technical rating of 1 / 10 to ALLT.
What is the trend direction for ALLT stock?
The current trend direction for ALLOT LTD (ALLT) is Bearish.
What is the RSI signal for ALLT stock?
ALLOT LTD (ALLT) has an RSI value of 56.2283. This indicates that the stock is currently neutral.
What is the MACD signal for ALLT stock?
The MACD indicator for ALLOT LTD (ALLT) has a value of 0.0948805, indicating a bearish trend.