ALNYLAM PHARMACEUTICALS INC (ALNY) Stock Technical Analysis
USA - NASDAQ:ALNY - US02043Q1076 - Common Stock
We assign a technical rating of 6 out of 10 to ALNY. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
ALNY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 456.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 442.69, a Stop Loss order could be placed below this zone.
More info and screens
233.20
When analyzing the support we can see 4 important areas.
- A support zone ranging from 441.69 to 442.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 423.46 to 425.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @288.24 from a trend line in the weekly time frame.
- Support @235.56 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 456.20 to 465.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 481.68 to 482.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @491.23 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 | UP | POSITIVE | The long term trend for ALNY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALNY is neutral. |
| ChartMill Relative Strength | 92.24 | POSITIVE | ALNY has a high relative strength, it outperformed 92.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALNY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALNY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALNY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.48 | NEUTRAL | The RSI value for ALNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests ALNY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.31 | NEUTRAL | The Stochastics value for ALNY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for ALNY suggests some volalility. |
| Average Directional Index/ADX (14) | 21.3 | NEUTRAL | The ADX value for ALNY suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 465.09 | 441.68 | 23.41 (5.03%) | 19.87% |
| An entry @465.09. This is a Buy Stop order right above the resistance zone. | An exit @441.68. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 23.41 points, which is 5.03%. | For a 1.00% total portfolio risk, you can invest 19.87% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ALNY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
449.16
-4.81 (-1.06%)
ALNYLAM PHARMACEUTICALS INC / ALNY FAQ
Can you provide the ChartMill technical rating for ALNYLAM PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 6 / 10 to ALNY.
What is the current trend direction of ALNYLAM PHARMACEUTICALS INC (ALNY) stock?
The current trend direction for ALNYLAM PHARMACEUTICALS INC (ALNY) is Bullish.
What is the RSI signal for ALNYLAM PHARMACEUTICALS INC (ALNY) stock?
ALNYLAM PHARMACEUTICALS INC (ALNY) has an RSI value of 47.4844. This indicates that the stock is currently neutral.
What is the MACD signal for ALNYLAM PHARMACEUTICALS INC (ALNY) stock?
The MACD indicator for ALNYLAM PHARMACEUTICALS INC (ALNY) has a value of -0.243163, indicating a bearish trend.
What is the short term momentum for ALNYLAM PHARMACEUTICALS INC (ALNY) stock?
The short term momentum for ALNYLAM PHARMACEUTICALS INC (ALNY) is neutral.