ALPINE IMMUNE SCIENCES INC (ALPN) Stock Technical Analysis
NASDAQ:ALPN - Nasdaq - US02083G1004 - Common Stock - Currency: USD
Overall ALPN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ALPN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ALPN did better than 99% of all other stocks. We also observe that the gains produced by ALPN over the past year are nicely spread over this period.
ALPN is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 558 stocks in the same industry.
A new 52 week high is currently being made by ALPN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
ALPN has an average volume of 2714030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ALPN has a been trading in a tight range between 64.44 and 65.00.
Although ALPN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
35.03
65.63
When analyzing the support we can see 4 important areas.
- A support zone ranging from 64.60 to 64.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.72 from a trend line in the daily time frame.
- Support @41.59 from a trend line in the weekly time frame.
- Support @35.38 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 64.98 to 64.98. 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 | UP | POSITIVE | The long term trend for ALPN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALPN is up. |
| ChartMill Relative Strength | 99.78 | POSITIVE | ALPN has a high relative strength, it outperformed 99.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALPN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALPN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALPN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 83.31 | OVERBOUGHT | The high RSI value suggests ALPN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests ALPN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 96.61 | OVERBOUGHT | The high Stochastics value suggests ALPN may be overbought. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for ALPN suggests low volalility. |
| Average Directional Index/ADX (14) | 65.04 | POSITIVE | The high ADX value value for ALPN suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 64.99 | 64.49 | 0.50 (0.77%) | 25.00% |
| An entry @64.99. This is a Buy Stop order right above the resistance zone. | An exit @64.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.50 points, which is 0.77%. | For a 0.19% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
64.97
+0.01 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.02%
1 Week0.05%
2 Weeks0.57%
1 Month0.65%
3 Month107.84%
6 Month385.58%
12 Month583.9%
2 Year598.6%
3 Year509.48%
5 Year1215.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.16%
ATR Inc-67.55%
Range Today0.03
ADR(20)0.1
ADR(20)%0.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.78
Mansfield15.23
10 Day High65
10 Day Low64.5
20 Day High65
20 Day Low64.44
52 Week High65
52 Week Low8.33
CS1 End64.96
CR1 Start64.98
Volume & EV
DER(3)-0.82%
DER(5)-0.04%
Volume4.29M
Volume Incr-4.56%
Vol(5)2.06M
Vol(50)2.71M