ALTIMMUNE INC (ALT) Stock Technical Analysis
NASDAQ:ALT - Nasdaq - US02155H2004 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ALT. 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: 96% of all stocks are doing better.
ALT is part of the Biotechnology industry. There are 551 other stocks in this industry, of which 78% are performing better than ALT.
ALT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ALT has a been trading in the 3.49 - 4.39 range, which is quite wide. It is currently trading near the lows of this range.
ALT has an average volume of 6510910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
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
3.46
6.57
We found 1 important support area.
- A support zone ranging from 3.49 to 3.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @6.50 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 ALT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALT is down. |
| ChartMill Relative Strength | 4.59 | NEGATIVE | ALT has a low relative strength, it was outperformed by 95.41% 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) | 34.21 | NEUTRAL | The RSI value for ALT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALT has a positive trend. |
| Stochastics (14,3) | 8.91 | OVERSOLD | The low Stochastics value suggests ALT may be oversold. |
| Average True Range in percent/ATR (20) | 5.62 | HIGH VOLATILITY | The high ATR as a percentage value for ALT suggests high volalility. |
| Average Directional Index/ADX (14) | 29.34 | POSITIVE | The high ADX value value for ALT 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)
3.52
-0.08 (-2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.22%
1 Week-4.61%
2 Weeks-14.36%
1 Month-20%
3 Month-37.03%
6 Month-47.15%
12 Month-42.95%
2 Year39.13%
3 Year-84.06%
5 Year-79.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%5.62%
ATR Inc-19.25%
Range Today0.19
ADR(20)0.19
ADR(20)%5.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.59
Mansfield-4.8
10 Day High4.17
10 Day Low3.49
20 Day High4.39
20 Day Low3.49
52 Week High11.16
52 Week Low2.9
CS1 End3.49
CR1 Start6.5
Volume & EV
DER(3)-3.45%
DER(5)-0.49%
Volume2.43M
Volume Incr-46.81%
Vol(5)2.09M
Vol(50)6.51M