ALMONTY INDUSTRIES INC (ALM) Stock Technical Analysis
USA - NASDAQ:ALM - CA0203987072 - Common Stock
We assign a technical rating of 5 out of 10 to ALM. 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.
ALM has an average technical rating and the quality of the presented setup is also not ideal 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
5.08
We found 2 important support areas.
- Support @6.67 from a horizontal line in the daily time frame.
- Support @5.13 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) | 52.26 | 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) | 14.24 | OVERSOLD | The low Stochastics value suggests ALM may be oversold. |
| Average True Range in percent/ATR (20) | 11.97 | HIGH VOLATILITY | The high ATR as a percentage value for ALM suggests high volalility. |
| Average Directional Index/ADX (14) | 44.2 | POSITIVE | The high ADX value value for ALM suggests a strong trend. |
7.43
+0.75 (+11.23%)
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 52.2599. 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.