AILERON THERAPEUTICS INC (ALRN) Stock Technical Analysis
NASDAQ:ALRN - Nasdaq - US00887A2042 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ALRN. ALRN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 558 other stocks in this industry, of which 73% 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 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 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
1.74
3.47
2 important support areas can be observed.
- 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.
We can see 4 important resistance areas.
- 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.
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. |
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)
2.11
+0.18 (+9.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg9.33%
1 Week-6.22%
2 Weeks-2.76%
1 Month-1.4%
3 Month-41.71%
6 Month-33.65%
12 Month-46.38%
2 Year-24.1%
3 Year-77.36%
5 Year-84.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%11.79%
ATR Inc-12.78%
Range Today0.21
ADR(20)0.25
ADR(20)%11.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.07
Mansfield-4.59
10 Day High2.4
10 Day Low1.93
20 Day High2.4
20 Day Low1.69
52 Week High7.42
52 Week Low1.61
CS1 End1.92
CR1 Start2.29
Volume & EV
DER(3)12.13%
DER(5)16.41%
Volume63.30K
Volume Incr-56.13%
Vol(5)65.64K
Vol(50)105.28K