ALLOT LTD (ALLT) Stock Technical Analysis
NASDAQ:ALLT - Nasdaq - IL0010996549 - Common Stock - Currency: USD
Overall ALLT gets a technical rating of 8 out of 10. In the last year, ALLT was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month ALLT has a been trading in the 7.68 - 10.77 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that ALLT is one of the better performing stocks in the market, outperforming 96% of all stocks.
ALLT is one of the better performing stocks in the Software industry, it outperforms 91% of 282 stocks in the same industry.
ALLT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALLT is lagging the market slightly.
Although ALLT has an excellent technical rating, it does not present a decent entry opportunity 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
4.69
8.27
4 important support areas can be observed.
- A support zone ranging from 7.98 to 8.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.01 from a trend line in the weekly time frame.
- Support @5.80 from a trend line in the daily time frame.
- Support @4.74 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.19 to 8.19. 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 | 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 | 96.76 | POSITIVE | ALLT has a high relative strength, it outperformed 96.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALLT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ALLT is below 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) | 44.05 | NEUTRAL | The RSI value for ALLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ALLT has a negative trend. |
| Stochastics (14,3) | 25.46 | NEUTRAL | The Stochastics value for ALLT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.14 | HIGH VOLATILITY | The high ATR as a percentage value for ALLT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.51 | NEUTRAL | The ADX value for ALLT 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)
8.18
-0.48 (-5.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-5.54%
1 Week-21.04%
2 Weeks-3.99%
1 Month-5.21%
3 Month42.76%
6 Month8.63%
12 Month168.2%
2 Year212.21%
3 Year60.08%
5 Year-32.62%
10 Year57.01%
15 Year69.01%
Volatility
ATR(14)0.62
ATR(20)%8.14%
ATR Inc-14.01%
Range Today0.6
ADR(20)0.53
ADR(20)%6.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.76
Mansfield3.45
10 Day High10.77
10 Day Low8.13
20 Day High10.77
20 Day Low7.68
52 Week High10.77
52 Week Low2.48
CS1 End8.14
CR1 Start8.19
Volume & EV
DER(3)-3.3%
DER(5)-2.48%
Volume795.79K
Volume Incr11.94%
Vol(5)1.09M
Vol(50)716.20K