ALUMIS INC (ALMS) Stock Technical Analysis
NASDAQ:ALMS - Nasdaq - US0223071020 - Common Stock - Currency: USD
Overall ALMS gets a technical rating of 6 out of 10. 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.
94% of all other stocks performed better in the past year than ALMS.
ALMS is one of the lesser performing stocks in the Pharmaceuticals industry. 73% of 193 stocks in the same industry do better.
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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ALMS has a been trading in the 3.25 - 5.13 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ALMS has an average technical rating and it also does not offer a high 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
3.75
8.48
When analyzing the support we notice one important area.
- Support @3.79 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.86 to 4.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.04 from a trend line in the daily time frame.
- Resistance @8.40 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 | 6.66 | NEGATIVE | ALMS has a low relative strength, it was outperformed by 93.34% 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 | NEGATIVE | The current price of ALMS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 75.87 | OVERBOUGHT | The high RSI value suggests ALMS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ALMS has a positive trend. |
| Stochastics (14,3) | 82.1 | OVERBOUGHT | The high Stochastics value suggests ALMS may be overbought. |
| Average True Range in percent/ATR (20) | 6.19 | HIGH VOLATILITY | The high ATR as a percentage value for ALMS suggests high volalility. |
| Average Directional Index/ADX (14) | 28.57 | POSITIVE | The high ADX value value for ALMS suggests a strong 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)
4.85
+0.1 (+2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.11%
1 Week11.75%
2 Weeks18.58%
1 Month46.08%
3 Month-0.51%
6 Month-6.19%
12 Month-61.99%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%6.19%
ATR Inc47.35%
Range Today0.42
ADR(20)0.3
ADR(20)%6.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.66
Mansfield-3.64
10 Day High5.13
10 Day Low4.07
20 Day High5.13
20 Day Low3.25
52 Week High13.11
52 Week Low2.76
CS1 End3.79
CR1 Start4.86
Volume & EV
DER(3)2.66%
DER(5)0.23%
Volume1.13M
Volume Incr24.49%
Vol(5)881.49K
Vol(50)785.26K