ALUMIS INC (ALMS) Stock Technical Analysis
USA - NASDAQ:ALMS - US0223071020 - Common Stock
We assign a technical rating of 6 out of 10 to ALMS. In the last year, ALMS 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.
ALMS 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
4.42
We found 2 important support areas.
- A support zone ranging from 4.69 to 4.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.46 to 4.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @7.41 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for ALMS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALMS is up. |
| ChartMill Relative Strength | 16.74 | NEGATIVE | ALMS has a low relative strength, it was outperformed by 83.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALMS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALMS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ALMS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.79 | NEUTRAL | The RSI value for ALMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ALMS has a positive trend. |
| Stochastics (14,3) | 88.97 | OVERBOUGHT | The high Stochastics value suggests ALMS may be overbought. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for ALMS suggests high volalility. |
| Average Directional Index/ADX (14) | 16.3 | NEGATIVE | The low ADX value for ALMS suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.42 | 4.66 | 0.76 (14.02%) | 7.13% |
| An entry @5.42. This is a Buy Stop order right above the 10 day high. | An exit @4.66. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.76 points, which is 14.02%. | For a 1.00% total portfolio risk, you can invest 7.13% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
5.24
-0.06 (-1.13%)
ALUMIS INC / ALMS FAQ
Can you provide the ChartMill technical rating for ALUMIS INC?
ChartMill assigns a technical rating of 6 / 10 to ALMS.
What is the current trend direction of ALUMIS INC (ALMS) stock?
The current trend direction for ALUMIS INC (ALMS) is Bearish.
What is the RSI signal for ALUMIS INC (ALMS) stock?
ALUMIS INC (ALMS) has an RSI value of 66.7896. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ALUMIS INC?
The short term momentum for ALUMIS INC (ALMS) is positive.
What is the support and resistance level for ALMS stock?
ALUMIS INC (ALMS) has a support level at 4.76 and a resistance level at 7.41. Check the full technical report for our detailed analysis of ALMS support and resistance levels.