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 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, ALT is a bad performer in the overall market: 95% of all stocks are doing better.
- ALT is part of the Biotechnology industry. There are 516 other stocks in this industry, of which 80% 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 2.80 - 3.64 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- ALT has an average volume of 3925560 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. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ALT Support and Resistance Analysis
2.82
3 important resistance areas can be observed.
- Resistance @3.38 from a trend line in the daily time frame.
- Resistance @4.90 from a trend line in the weekly time frame.
- Resistance @5.06 from a trend line in the weekly 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 | 5.84 | NEGATIVE | ALT has a low relative strength, it was outperformed by 94.16% 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) | 32.91 | NEUTRAL | The RSI value for ALT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALT has a negative trend. |
| Stochastics (14,3) | 28.95 | NEUTRAL | The Stochastics value for ALT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.99 | HIGH VOLATILITY | The high ATR as a percentage value for ALT suggests high volalility. |
| Average Directional Index/ADX (14) | 20.05 | NEUTRAL | The ADX value for ALT suggests a possible start of a new trend. |
ALT Chart- and CandleStick Pattern Analysis
ALT Technicals: Chart, Performance Metrics, Trend & Indicators
2.85
-0.04 (-1.38%)
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 32.9118. 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 -0.0100504, 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.