Taking everything into account, ALMU scores 1 out of 10 in our technical rating. ALMU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, ALMU is a bad performer in the overall market: 100% of all stocks are doing better.
- ALMU is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 96% of 113 stocks in the same industry do better.
- In the last month ALMU has a been trading in the 13.69 - 24.20 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of ALMU 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
13.83
We found 3 important support areas.
- A support zone ranging from 14.90 to 15.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.22 from a horizontal line in the daily time frame.
- Support @13.97 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @21.95 from a trend line in the weekly time frame.
- A resistance zone ranging from 22.47 to 22.79. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for ALMU is neutral. |
| 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) | UP | MIXED | The current price of ALMU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ALMU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.45 | NEUTRAL | The RSI value for ALMU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests ALMU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.62 | NEUTRAL | The Stochastics value for ALMU is a neutral value. |
| Average True Range in percent/ATR (20) | 9.98 | HIGH VOLATILITY | The high ATR as a percentage value for ALMU suggests high volalility. |
| Average Directional Index/ADX (14) | 22.63 | NEUTRAL | The ADX value for ALMU suggests a possible start of a new trend. |
16.63
+1.73 (+11.61%)
AELUMA INC / ALMU FAQ
What is the technical rating for ALMU stock?
ChartMill assigns a technical rating of 1 / 10 to ALMU.
What is the current trend direction of AELUMA INC (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 48.4511. This indicates that the stock is currently neutral.
What is the short term momentum for AELUMA INC (ALMU) stock?
The short term momentum for AELUMA INC (ALMU) is negative.
What is the support and resistance level for ALMU stock?
AELUMA INC (ALMU) has a support level at 15.06 and a resistance level at 21.95. Check the full technical report for our detailed analysis of ALMU support and resistance levels.