We assign a technical rating of 0 out of 10 to ALMU. ALMU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ALMU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 14.03. Right above this resistance zone may be a good entry point.
More info and screens
12.07
We found 2 important support areas.
- Support @12.62 from a horizontal line in the weekly time frame.
- Support @12.19 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.03 to 14.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.92 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 | DOWN | NEGATIVE | The long term trend for ALMU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALMU is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ALMU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALMU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALMU is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 46.73 | NEUTRAL | The RSI value for ALMU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ALMU has a positive trend. |
| Stochastics (14,3) | 50.05 | NEUTRAL | The Stochastics value for ALMU is a neutral value. |
| Average True Range in percent/ATR (20) | 8 | HIGH VOLATILITY | The high ATR as a percentage value for ALMU suggests high volalility. |
| Average Directional Index/ADX (14) | 12.3 | NEGATIVE | The low ADX value for ALMU suggests a weak or negative trend. |
14.02
+0.34 (+2.52%)
AELUMA INC / ALMU FAQ
What is the technical rating for ALMU stock?
ChartMill assigns a technical rating of 0 / 10 to ALMU.
What is the trend direction for ALMU stock?
The current trend direction for AELUMA INC (ALMU) is Bearish.
What is the RSI signal for ALMU stock?
AELUMA INC (ALMU) has an RSI value of 46.7274. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AELUMA INC?
The MACD indicator for AELUMA INC (ALMU) has a value of 0.146621, indicating a bearish trend.
What is the short term momentum for ALMU stock?
The short term momentum for AELUMA INC (ALMU) is negative.