AELUMA INC (ALMU) Stock Technical Analysis
NASDAQ:ALMU - US00776X1090 - Common Stock
22.79 USD
+1.41 (+6.59%)
23.48 USD
+0.69 (+3.03%)
We assign a technical rating of 7 out of 10 to ALMU. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ALMU is a bad performer.
100% of all other stocks performed better in the past year than ALMU.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ALMU has a been trading in the 17.20 - 23.36 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.
Although ALMU has an excellent technical rating, it 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
18.55
23.02
When analyzing the support we notice one important area.
- A support zone ranging from 18.74 to 18.99. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ALMU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALMU is up. |
| 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) | UP | POSITIVE | The current price of ALMU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALMU is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 61.43 | NEUTRAL | The RSI value for ALMU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ALMU has a positive trend. |
| Stochastics (14,3) | 76.95 | NEUTRAL | The Stochastics value for ALMU is a neutral value. |
| Average True Range in percent/ATR (20) | 7.98 | HIGH VOLATILITY | The high ATR as a percentage value for ALMU suggests high volalility. |
| Average Directional Index/ADX (14) | 23.88 | NEUTRAL | The ADX value for ALMU suggests a possible start of a new 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)
22.79
+1.41 (+6.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.59%
1 Week15.16%
2 Weeks20.77%
1 Month9.46%
3 Month59.82%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.73
ATR(20)%7.98%
ATR Inc17.26%
Range Today2.93
ADR(20)1.79
ADR(20)%7.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High23.36
10 Day Low17.2
20 Day High23.36
20 Day Low17.2
52 Week HighN/A
52 Week LowN/A
CS1 End18.99
CR1 StartN/A
Volume & EV
DER(3)3.87%
DER(5)3.81%
Volume213.50K
Volume Incr-40.98%
Vol(5)185.34K
Vol(50)350.21K