ASTRONOVA INC (ALOT) Stock Technical Analysis
NASDAQ:ALOT • US04638F1084
Overall ALOT gets a technical rating of 4 out of 10. In the past year, ALOT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, ALOT is a bad performer in the overall market: 76% of all stocks are doing better.
- Warning: ALOT has an average volume of 22812 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month ALOT has a been trading in the 8.94 - 10.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ALOT is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 65% of 36 stocks in the same industry.
- ALOT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALOT is lagging the market.
ALOT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 9.10, a Stop Loss order could be placed below this zone.
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8.86
When analyzing the support we notice one important area.
- A support zone ranging from 8.95 to 9.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.31 to 9.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.61 to 9.74. 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 | NEUTRAL | NEUTRAL | The long term trend for ALOT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALOT is up. |
| ChartMill Relative Strength | 24.26 | NEGATIVE | ALOT has a low relative strength, it was outperformed by 75.74% 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) | UP | POSITIVE | The current price of ALOT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ALOT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.76 | NEUTRAL | The RSI value for ALOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ALOT has a negative trend. |
| Stochastics (14,3) | 48.58 | NEUTRAL | The Stochastics value for ALOT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for ALOT suggests some volalility. |
| Average Directional Index/ADX (14) | 29.6 | POSITIVE | The high ADX value value for ALOT suggests a strong trend. |
9.31
-0.01 (-0.11%)
ASTRONOVA INC / ALOT FAQ
What is the ChartMill technical rating of ASTRONOVA INC (ALOT) stock?
ChartMill assigns a technical rating of 4 / 10 to ALOT.
What is the current trend direction of ASTRONOVA INC (ALOT) stock?
The current trend direction for ASTRONOVA INC (ALOT) is Bearish.
What is the RSI signal for ALOT stock?
ASTRONOVA INC (ALOT) has an RSI value of 52.7583. This indicates that the stock is currently neutral.
What is the MACD signal for ALOT stock?
The MACD indicator for ASTRONOVA INC (ALOT) has a value of -0.0166686, indicating a bearish trend.