AILERON THERAPEUTICS INC (ALRN) Technical Analysis
NASDAQ:ALRN • US00887A2042
Current stock price
ALRN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ALRN. ALRN'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ALRN is a bad performer in the overall market: 95% of all stocks are doing better.
- ALRN is part of the Biotechnology industry. There are 518 other stocks in this industry, of which 82% are performing better than ALRN.
- ALRN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ALRN is lagging the market.
- In the last month ALRN has a been trading in the 1.69 - 2.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ALRN Weekly and Daily overview Charts
ALRN Setup Rating and Analysis
ALRN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for ALRN 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
ALRN Support and Resistance Analysis
1.74
When analyzing the support we can see 2 important areas.
- Support @1.92 from a horizontal line in the daily time frame.
- A support zone ranging from 1.76 to 1.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @2.29 from a horizontal line in the weekly time frame.
- Resistance @2.33 from a horizontal line in the daily time frame.
- Resistance @3.15 from a trend line in the weekly time frame.
- Resistance @3.44 from a trend line in the daily time frame.
ALRN 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 ALRN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALRN is down. |
| ChartMill Relative Strength | 5.07 | NEGATIVE | ALRN has a low relative strength, it was outperformed by 94.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALRN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALRN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALRN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.48 | NEUTRAL | The RSI value for ALRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ALRN has a positive trend. |
| Stochastics (14,3) | 47.89 | NEUTRAL | The Stochastics value for ALRN is a neutral value. |
| Average True Range in percent/ATR (20) | 11.79 | HIGH VOLATILITY | The high ATR as a percentage value for ALRN suggests high volalility. |
| Average Directional Index/ADX (14) | 28.95 | POSITIVE | The high ADX value value for ALRN suggests a strong trend. |
ALRN Chart- and CandleStick Pattern Analysis
ALRN Technicals: Chart, Performance Metrics, Trend & Indicators
2.11
+0.18 (+9.33%)
AILERON THERAPEUTICS INC / ALRN TA FAQ
Can you provide the ChartMill technical rating for AILERON THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to ALRN.
What is the current trend direction of AILERON THERAPEUTICS INC (ALRN) stock?
The current trend direction for AILERON THERAPEUTICS INC (ALRN) is Bearish.
What is the RSI signal for AILERON THERAPEUTICS INC (ALRN) stock?
AILERON THERAPEUTICS INC (ALRN) has an RSI value of 44.476. This indicates that the stock is currently neutral.
What is the buy/sell signal for AILERON THERAPEUTICS INC (ALRN) stock?
The buy/sell signal for AILERON THERAPEUTICS INC (ALRN) is sell as both the short term and long term trends are negative.
What is the support and resistance level for ALRN stock?
AILERON THERAPEUTICS INC (ALRN) has a support level at 1.92 and a resistance level at 2.29. Check the full technical report for our detailed analysis of ALRN support and resistance levels.