ALLENA PHARMACEUTICALS INC (ALNA) Stock Technical Analysis
NASDAQ:ALNA - Nasdaq - US0181191075 - Common Stock - Currency: USD
Overall ALNA gets a technical rating of 0 out of 10. ALNA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
98% of all other stocks performed better in the past year than ALNA.
ALNA is part of the Biotechnology industry. There are 557 other stocks in this industry, of which 82% are performing better than ALNA.
ALNA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
In the last month ALNA has a been trading in the 0.06 - 0.15 range, which is quite wide. It is currently trading near the high of this range.
ALNA has an average volume of 37475900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ALNA 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
0.07
0.16
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.16 from a horizontal 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 ALNA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALNA is neutral. |
| ChartMill Relative Strength | 2.77 | NEGATIVE | ALNA has a low relative strength, it was outperformed by 97.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALNA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALNA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.56 | NEUTRAL | The RSI value for ALNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALNA has a negative trend. |
| Stochastics (14,3) | 25.97 | NEUTRAL | The Stochastics value for ALNA is a neutral value. |
| Average True Range in percent/ATR (20) | 21.12 | HIGH VOLATILITY | The high ATR as a percentage value for ALNA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.97 | NEGATIVE | The low ADX value for ALNA 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)
0.075
+0 (+3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.16%
1 Week-28.09%
2 Weeks-26.61%
1 Month-41.36%
3 Month-46.12%
6 Month-83.34%
12 Month-92.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%21.12%
ATR Inc593.41%
Range Today0.09
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.77
Mansfield-7.96
10 Day High0.15
10 Day Low0.06
20 Day High0.15
20 Day Low0.06
52 Week High1.17
52 Week Low0.06
CS1 EndN/A
CR1 Start0.1
Volume & EV
DER(3)1.97%
DER(5)2.4%
Volume276.97M
Volume Incr482.12%
Vol(5)69.64M
Vol(50)37.48M