ALLT Technical Analysis - ALLOT LTD

Technical Rating and Analysis

Taking everything into account, ALLT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ALLT has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.

Looking at the yearly performance, ALLT did better than 97% of all other 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 92% of 279 stocks in the same industry.

ALLT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month ALLT has a been trading in the 7.52 - 10.65 range, which is quite wide. It is currently trading near the high of this range.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although ALLT has an excellent technical rating, it does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

4.69

10.37

When analyzing the support we can see 4 important areas.

Support @9.18 from a horizontal line in the daily time frame.
A support zone ranging from 7.92 to 7.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @6.79 from a trend line in the weekly time frame.
Support @4.74 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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	UP	POSITIVE	The long term trend for ALLT is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ALLT is up.
ChartMill Relative Strength	97.33	POSITIVE	ALLT has a high relative strength, it outperformed 97.33% 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)	UP	POSITIVE	The current price of ALLT is above the rising 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)	76.01	OVERBOUGHT	The high RSI value suggests ALLT may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.15	POSITIVE	The MACD value suggests ALLT has a positive trend.
Stochastics (14,3)	91.15	OVERBOUGHT	The high Stochastics value suggests ALLT may be overbought.
Average True Range in percent/ATR (20)	4.2	MEDIUM VOLATILITY	The ATR as a percentage value for ALLT suggests some volalility.
Average Directional Index/ADX (14)	40.55	POSITIVE	The high ADX value value for ALLT suggests a strong trend.