ALOT Technical Analysis - ASTRONOVA INC

Technical Rating and Analysis

Taking everything into account, ALOT scores 0 out of 10 in our technical rating. ALOT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, ALOT is a bad performer in the overall market: 89% of all stocks are doing better.

ALOT is part of the Technology Hardware, Storage & Peripherals industry. There are 33 other stocks in this industry, of which 81% are performing better than ALOT.

ALOT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

ALOT 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.

Warning: ALOT has an average volume of 15034 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

ALOT 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 10.15, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

9.66

12.93

We found 1 important support area.

A support zone ranging from 9.76 to 10.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 4 important resistance areas.

A resistance zone ranging from 10.21 to 10.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @11.55 from a trend line in the daily time frame.
Resistance @11.79 from a horizontal line in the daily time frame.
A resistance zone ranging from 12.72 to 12.80. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 ALOT is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ALOT is down.
ChartMill Relative Strength	11.77	NEGATIVE	ALOT has a low relative strength, it was outperformed by 88.23% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ALOT is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ALOT is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ALOT is below a declining SMA(200).
Relative Strength Index/RSI (14)	44.91	NEUTRAL	The RSI value for ALOT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.03	POSITIVE	The MACD value suggests ALOT has a positive trend.
Stochastics (14,3)	52.67	NEUTRAL	The Stochastics value for ALOT is a neutral value.
Average True Range in percent/ATR (20)	4.51	MEDIUM VOLATILITY	The ATR as a percentage value for ALOT suggests some volalility.
Average Directional Index/ADX (14)	26.18	POSITIVE	The high ADX value value for ALOT suggests a strong trend.