ALMONTY INDUSTRIES INC (ALM) Stock Technical Analysis
USA - NASDAQ:ALM - CA0203987072 - Common Stock
Taking everything into account, ALM scores 5 out of 10 in our technical rating. In the last year, ALM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, ALM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
5.16
2 important support areas can be observed.
- Support @6.67 from a horizontal line in the daily time frame.
- Support @5.21 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 | UP | POSITIVE | The long term trend for ALM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALM is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ALM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALM is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.96 | NEUTRAL | The RSI value for ALM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests ALM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.18 | OVERSOLD | The low Stochastics value suggests ALM may be oversold. |
| Average True Range in percent/ATR (20) | 13 | HIGH VOLATILITY | The high ATR as a percentage value for ALM suggests high volalility. |
| Average Directional Index/ADX (14) | 38.29 | POSITIVE | The high ADX value value for ALM suggests a strong trend. |
7.13
+0.37 (+5.47%)
ALMONTY INDUSTRIES INC / ALM FAQ
Can you provide the ChartMill technical rating for ALMONTY INDUSTRIES INC?
ChartMill assigns a technical rating of 5 / 10 to ALM.
Can you provide the trend direction for ALMONTY INDUSTRIES INC?
The current trend direction for ALMONTY INDUSTRIES INC (ALM) is Bullish.
What is the RSI signal for ALMONTY INDUSTRIES INC (ALM) stock?
ALMONTY INDUSTRIES INC (ALM) has an RSI value of 49.9617. This indicates that the stock is currently neutral.
What is the short term momentum for ALMONTY INDUSTRIES INC (ALM) stock?
The short term momentum for ALMONTY INDUSTRIES INC (ALM) is neutral.
Can you provide the support and resistance levels for ALMONTY INDUSTRIES INC?
ALMONTY INDUSTRIES INC (ALM) has a support level at 6.67. Check the full technical report for our detailed analysis of ALM support and resistance levels.