ASTRONOVA INC (ALOT) Stock Technical Analysis
NASDAQ:ALOT - Nasdaq - US04638F1084 - Common Stock - Currency: USD
Overall ALOT gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ALOT was also a bad performer in the overall market in the last year.
89% of all other stocks performed better in the past year than ALOT.
ALOT is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 67% of 32 stocks in the same industry do better.
ALOT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALOT is lagging the market.
Warning: ALOT has an average volume of 13792 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ALOT has a been trading in the 8.00 - 9.52 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is bad, ALOT 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 9.00, a Stop Loss order could be placed below this zone.
More info and screens
8.74
14.27
When analyzing the support we notice one important area.
- A support zone ranging from 8.83 to 9.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.02 to 9.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.18 to 9.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @14.13 from a trend 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 | DOWN | NEGATIVE | The long term trend for ALOT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALOT is up. |
| ChartMill Relative Strength | 11.17 | NEGATIVE | ALOT has a low relative strength, it was outperformed by 88.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALOT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ALOT is above 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) | 52.93 | NEUTRAL | The RSI value for ALOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ALOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.15 | NEUTRAL | The Stochastics value for ALOT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for ALOT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.76 | NEGATIVE | The low ADX value for ALOT suggests a weak or negative 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)
9.01
-0.1 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-1.1%
1 Week0.11%
2 Weeks2.62%
1 Month10.69%
3 Month-21.58%
6 Month-39%
12 Month-48.84%
2 Year-43.51%
3 Year-27.92%
5 Year40.12%
10 Year-36.37%
15 Year22.09%
Volatility
ATR(14)0.43
ATR(20)%4.8%
ATR Inc-13.67%
Range Today0.27
ADR(20)0.41
ADR(20)%4.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.17
Mansfield-3.1
10 Day High9.52
10 Day Low8.59
20 Day High9.52
20 Day Low8
52 Week High18.25
52 Week Low7.53
CS1 End9
CR1 Start9.02
Volume & EV
DER(3)-12.06%
DER(5)-6.86%
Volume5.50K
Volume Incr-22.28%
Vol(5)12.68K
Vol(50)13.79K