We assign a technical rating of 0 out of 10 to ALMEX. ALMEX'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 negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than ALMEX.
ALMEX is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 93% of 30 stocks in the same industry do better.
ALMEX is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ALMEX is lagging the market.
In the last month ALMEX has a been trading in the 1.10 - 5.00 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.
Warning: ALMEX has an average volume of 4902 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.