ALUMIS INC (ALMS) Stock Technical Analysis
NASDAQ:ALMS - Nasdaq - US0223071020 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ALMS. Recently some decent action could be observed, but in the medium term time frame this is still negative. ALMS was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ALMS is a bad performer in the overall market: 96% of all stocks are doing better.
ALMS is part of the Pharmaceuticals industry. There are 194 other stocks in this industry, of which 80% are performing better than ALMS.
ALMS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ALMS has a been trading in the 2.92 - 4.16 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ALMS is bad and it also does not present a quality setup 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
3.27
3.98
2 important support areas can be observed.
- A support zone ranging from 3.39 to 3.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.30 to 3.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.89 to 3.94. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for ALMS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALMS is up. |
| ChartMill Relative Strength | 4.36 | NEGATIVE | ALMS has a low relative strength, it was outperformed by 95.64% 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) | DOWN | MIXED | The current price of ALMS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALMS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.88 | NEUTRAL | The RSI value for ALMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ALMS has a positive trend. |
| Stochastics (14,3) | 78.37 | NEUTRAL | The Stochastics value for ALMS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.73 | HIGH VOLATILITY | The high ATR as a percentage value for ALMS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.04 | NEGATIVE | The low ADX value for ALMS suggests a weak or negative 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)
3.88
+0.02 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.52%
1 Week16.52%
2 Weeks10.23%
1 Month17.58%
3 Month-9.35%
6 Month-41.92%
12 Month-68.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%6.73%
ATR Inc47.62%
Range Today0.29
ADR(20)0.26
ADR(20)%6.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.36
Mansfield-5.35
10 Day High4.16
10 Day Low3.25
20 Day High4.16
20 Day Low2.92
52 Week High13.2
52 Week Low2.76
CS1 End3.43
CR1 Start3.89
Volume & EV
DER(3)0.46%
DER(5)-3.67%
Volume660.80K
Volume Incr-5.76%
Vol(5)756.36K
Vol(50)948.76K