ALTO INGREDIENTS INC (ALTO)
US0215131063 - Common Stock
Taking everything into account, ALTO scores 2 out of 10 in our technical rating. Although ALTO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
ALTO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALTO is lagging the market.
In the last month ALTO has a been trading in the 1.87 - 2.40 range, which is quite wide. It is currently trading near the lows of this range.
ALTO is one of the better performing stocks in the Chemicals industry, it outperforms 86% of 84 stocks in the same industry.
Looking at the yearly performance, ALTO did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
ALTO has a poor technical rating and the quality of the setup is also not perfect 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
1.78
2.28
When analyzing the support we notice one important area.
- A support zone ranging from 1.80 to 1.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.97 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.08 to 2.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.22 from a horizontal line in the weekly time frame.
- Resistance @2.26 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.15
Mansfield-3.9
10 Day High2.04
10 Day Low1.87
20 Day High2.4
20 Day Low1.87
52 Week High4.97
52 Week Low1.36
Performance
1 Week2.11%
2 Weeks-4.43%
1 Month-15.28%
3 Month7.78%
6 Month-58.01%
12 Month38.57%
2 Year-66.38%
3 Year-65.11%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)43.58
LBB1.84
UBB2.1
ALTO INGREDIENTS INC
NASDAQ:ALTO (4/29/2024, 7:00:00 PM)
After market: 1.93 -0.01 (-0.52%)1.94
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0%
1 Week2.11%
2 Weeks-4.43%
1 Month-15.28%
3 Month7.78%
6 Month-58.01%
12 Month38.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.08
ATR(20)%4.82%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.04
10 Day Low1.87
20 Day High2.4
20 Day Low1.87
52 Week High4.97
52 Week Low1.36
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume288.90K
Volume Incr-35.91%
Vol(5)302.90K
Vol(50)558.74K