ANALOGIC CORP (ALOG) Stock Technical Analysis
NASDAQ:ALOG - Nasdaq - US0326572072
Overall ALOG gets a technical rating of 3 out of 10. ALOG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
ALOG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When comparing the performance of all stocks over the past year, ALOG turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
ALOG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALOG is lagging the market.
In the last month ALOG has a been trading in a tight range between 83.50 and 84.10.
ALOG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 83.94, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALOG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
77.27
97.01
When analyzing the support we can see 2 important areas.
- A support zone ranging from 83.63 to 83.94. 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 78.05 to 78.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 84.25 to 84.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 95.90 to 96.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ALOG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALOG is down. |
| ChartMill Relative Strength | 65.05 | NEUTRAL | ALOG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALOG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALOG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ALOG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.42 | NEUTRAL | The RSI value for ALOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ALOG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.11 | NEUTRAL | The Stochastics value for ALOG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for ALOG suggests low volalility. |
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)
83.95
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0%
2 Weeks0.12%
1 Month0.36%
3 Month-8.35%
6 Month-3.73%
12 Month22.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.17%
ATR Inc-48.15%
Range Today0.05
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
CRS65.05
Mansfield-0.2
10 Day High84
10 Day Low83.85
20 Day High84.1
20 Day Low83.5
52 Week High101.8
52 Week Low67.85
CS1 End83.94
CR1 Start84.25
Volume & EV
DER(3)9.46%
DER(5)8.2%
Volume212.60K
Volume Incr37.94%
Vol(5)283.52K
Vol(50)241.11K