Taking everything into account, ALT scores 7 out of 10 in our technical rating. ALT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although ALT has an excellent technical rating, it does not offer a high 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
3.73
When analyzing the support we can see 2 important areas.
- Support @3.86 from a trend line in the daily time frame.
- Support @3.77 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.27 to 5.31. 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 | NEUTRAL | NEUTRAL | The long term trend for ALT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALT is up. |
| ChartMill Relative Strength | 42.15 | NEUTRAL | ALT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ALT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.77 | OVERBOUGHT | The high RSI value suggests ALT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ALT has a positive trend. |
| Stochastics (14,3) | 92.81 | OVERBOUGHT | The high Stochastics value suggests ALT may be overbought. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for ALT suggests high volalility. |
| Average Directional Index/ADX (14) | 37.4 | POSITIVE | The high ADX value value for ALT suggests a strong trend. |
5.26
+0.09 (+1.74%)
ALTIMMUNE INC / ALT FAQ
What is the ChartMill technical rating of ALTIMMUNE INC (ALT) stock?
ChartMill assigns a technical rating of 7 / 10 to ALT.
Can you provide the trend direction for ALTIMMUNE INC?
The current trend direction for ALTIMMUNE INC (ALT) is Bearish.
Can you provide the RSI signal for ALTIMMUNE INC?
ALTIMMUNE INC (ALT) has an RSI value of 74.7704. This indicates that the stock is currently overbought.
What is the MACD signal for ALT stock?
The MACD indicator for ALTIMMUNE INC (ALT) has a value of 0.10205, indicating a bearish trend.
Can you provide the short term momentum for ALTIMMUNE INC?
The short term momentum for ALTIMMUNE INC (ALT) is positive.