ALTIMMUNE INC (ALT) Stock Technical Analysis
USA - NASDAQ:ALT - US02155H2004 - Common Stock
3.9 USD
-0.14 (-3.47%)
3.9001 USD
0 (0%)
We assign a technical rating of 2 out of 10 to ALT. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than ALT.
ALT is part of the Biotechnology industry. There are 534 other stocks in this industry, of which 67% are performing better than ALT.
ALT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ALT has a been trading in the 3.68 - 4.18 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ALT has an average volume of 2776820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, ALT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ALT in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.34
5.74
We found 3 important support areas.
- Support @3.85 from a trend line in the daily time frame.
- Support @3.44 from a horizontal line in the weekly time frame.
- Support @3.37 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.93 to 4.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.68 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 | NEUTRAL | NEUTRAL | The short term trend for ALT is neutral. |
| ChartMill Relative Strength | 10.91 | NEGATIVE | ALT has a low relative strength, it was outperformed by 89.09% 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) | UP | POSITIVE | The current price of ALT is above the rising 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) | 50.07 | 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) | 50.62 | NEUTRAL | The Stochastics value for ALT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for ALT suggests high volalility. |
| Average Directional Index/ADX (14) | 34.78 | 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)
3.9
-0.14 (-3.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.47%
1 Week-2.5%
2 Weeks-0.76%
1 Month-0.51%
3 Month-4.41%
6 Month-23.08%
12 Month-41.7%
2 Year61.83%
3 Year-68.9%
5 Year-65.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%5.19%
ATR Inc-8%
Range Today0.17
ADR(20)0.2
ADR(20)%5.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.91
3 months CRS24.38
6 months CRS8.3
Mansfield-3.78
10 Day High4.15
10 Day Low3.79
20 Day High4.18
20 Day Low3.68
52 Week High11.16
52 Week Low2.9
CS1 End3.85
CR1 Start3.93
Volume & EV
DER(3)9.73%
DER(5)10.5%
Volume2.70M
Volume Incr-16.67%
Vol(5)2.59M
Vol(50)2.78M