ALNYLAM PHARMACEUTICALS INC (ALNY) Stock Technical Analysis
NASDAQ:ALNY - Nasdaq - US02043Q1076 - Common Stock - Currency: USD
Taking everything into account, ALNY scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ALNY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
ALNY is part of the Biotechnology industry. There are 555 other stocks in this industry. ALNY outperforms 83% of them.
A new 52 week high is currently being made by ALNY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ALNY has a been trading in the 295.82 - 333.70 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ALNY is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although ALNY 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
233.20
335.23
4 important support areas can be observed.
- A support zone ranging from 313.85 to 322.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 290.98 to 300.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @254.24 from a trend line in the weekly time frame.
- Support @235.56 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for ALNY is up. |
| ChartMill Relative Strength | 86.1 | POSITIVE | ALNY has a high relative strength, it outperformed 86.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALNY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALNY is above the rising 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) | 69.79 | NEUTRAL | The RSI value for ALNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests ALNY has a positive trend. |
| Stochastics (14,3) | 92.48 | OVERBOUGHT | The high Stochastics value suggests ALNY may be overbought. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for ALNY suggests some volalility. |
| Average Directional Index/ADX (14) | 37.83 | POSITIVE | The high ADX value value for ALNY suggests a strong 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)
331.91
+2.14 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.65%
1 Week4.29%
2 Weeks6.27%
1 Month8.71%
3 Month40.79%
6 Month41.67%
12 Month32.22%
2 Year69.86%
3 Year133.67%
5 Year127.71%
10 Year160.47%
15 Year2062.28%
Volatility
ATR(14)8.29
ATR(20)%2.52%
ATR Inc-1.69%
Range Today5.82
ADR(20)8.32
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.1
Mansfield1.53
10 Day High333.7
10 Day Low308.46
20 Day High333.7
20 Day Low295.82
52 Week High333.7
52 Week Low205.87
CS1 End322.3
CR1 StartN/A
Volume & EV
DER(3)3.13%
DER(5)2.42%
Volume431.10K
Volume Incr27.37%
Vol(5)1.13M
Vol(50)936.11K