Taking everything into account, ALTD scores 7 out of 10 in our technical rating. In the past year, ALTD was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
ALTD is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
ALTD is part of the Aerospace & Defense industry. There are 39 other stocks in this industry. ALTD outperforms 84% of them.
In the last month ALTD has a been trading in the 0.01 - 0.02 range, which is quite wide. It is currently trading near the high of this range.
ALTD has an average volume of 33406700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, ALTD did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.