ANALOGIC CORP (ALOG) Technical Analysis
NASDAQ:ALOG • US0326572072
Current stock price
ALOG Technical Rating and Analysis
Taking everything into account, ALOG scores 3 out of 10 in our technical rating. 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 compared to the yearly performance of all other stocks, ALOG outperforms 65% of them, which is more or less in line with the market.
- ALOG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALOG is lagging the market slightly.
- In the last month ALOG has a been trading in a tight range between 83.50 and 84.10.
ALOG Weekly and Daily overview Charts
ALOG Setup Rating and Analysis
Although the technical rating is bad, ALOG does present a nice setup opportunity. 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
ALOG Support and Resistance Analysis
77.27
2 important support areas can be observed.
- 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.
2 important resistance areas can be observed.
- 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.
ALOG Technical Indicator Signal Analysis
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. |
ALOG Chart- and CandleStick Pattern Analysis
ALOG Technicals: Chart, Performance Metrics, Trend & Indicators
83.95
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ANALOGIC CORP / ALOG TA FAQ
Can you provide the ChartMill technical rating for ANALOGIC CORP?
ChartMill assigns a technical rating of 3 / 10 to ALOG.
What is the trend direction for ALOG stock?
The current trend direction for ANALOGIC CORP (ALOG) is Bearish.
Can you provide the RSI signal for ANALOGIC CORP?
ANALOGIC CORP (ALOG) has an RSI value of 47.4153. This indicates that the stock is currently neutral.
What is the MACD signal for ANALOGIC CORP (ALOG) stock?
The MACD indicator for ANALOGIC CORP (ALOG) has a value of 0.0742919, indicating a bearish trend.
What is the short term momentum for ALOG stock?
The short term momentum for ANALOGIC CORP (ALOG) is negative.