ALTIMMUNE INC (ALT) Technical Analysis
NASDAQ:ALT • US02155H2004
Current stock price
ALT Technical Rating and Analysis
Overall ALT gets a technical rating of 0 out of 10. ALT'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ALT is a bad performer in the overall market: 82% of all stocks are doing better.
- ALT is one of the lesser performing stocks in the Biotechnology industry. 65% of 517 stocks in the same industry do better.
- ALT 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 ALT is lagging the market.
- In the last month ALT has a been trading in the 2.87 - 4.04 range, which is quite wide. It is currently trading near the lows of this range.
- ALT has an average volume of 4171120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ALT Weekly and Daily overview Charts
ALT Setup Rating and Analysis
The technical rating of ALT is bad and it also does not present a quality setup 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
ALT Support and Resistance Analysis
3.31
When analyzing the resistance we notice 2 important areas.
- Resistance @5.07 from a trend line in the weekly time frame.
- Resistance @5.70 from a trend line in the daily time frame.
ALT 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 ALT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALT is down. |
| ChartMill Relative Strength | 18.11 | NEGATIVE | ALT has a low relative strength, it was outperformed by 81.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.24 | NEUTRAL | The RSI value for ALT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ALT has a positive trend. |
| Stochastics (14,3) | 36.35 | NEUTRAL | The Stochastics value for ALT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.2 | HIGH VOLATILITY | The high ATR as a percentage value for ALT suggests high volalility. |
| Average Directional Index/ADX (14) | 31.25 | POSITIVE | The high ADX value value for ALT suggests a strong trend. |
ALT Chart- and CandleStick Pattern Analysis
ALT Technicals: Chart, Performance Metrics, Trend & Indicators
3.34
+0.22 (+7.05%)
ALTIMMUNE INC / ALT TA FAQ
What is the ChartMill technical rating of ALTIMMUNE INC (ALT) stock?
ChartMill assigns a technical rating of 0 / 10 to ALT.
What is the trend direction for ALT stock?
The current trend direction for ALTIMMUNE INC (ALT) is Bearish.
What is the RSI signal for ALT stock?
ALTIMMUNE INC (ALT) has an RSI value of 43.2358. This indicates that the stock is currently neutral.
What is the MACD signal for ALTIMMUNE INC (ALT) stock?
The MACD indicator for ALTIMMUNE INC (ALT) has a value of 0.0189526, indicating a bearish trend.
Can you provide the buy/sell signal for ALTIMMUNE INC?
The buy/sell signal for ALTIMMUNE INC (ALT) is sell as both the short term and long term trends are negative.