ALT5 SIGMA CORP (ALTS) Stock Technical Analysis
NASDAQ:ALTS - Nasdaq - US47089W1045 - Common Stock - Currency: USD
Overall ALTS gets a technical rating of 8 out of 10. ALTS has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Looking at the yearly performance, ALTS did better than 98% of all other stocks. On top of that, ALTS also shows a nice and consistent pattern of rising prices.
ALTS is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. ALTS outperforms 97% of them.
ALTS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALTS is lagging the market slightly.
In the last month ALTS has a been trading in the 5.98 - 9.04 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ALTS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.09
10.36
When analyzing the support we can see 2 important areas.
- Support @6.29 from a trend line in the daily time frame.
- A support zone ranging from 5.14 to 5.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.26 to 10.26. 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 ALTS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALTS is neutral. |
| ChartMill Relative Strength | 98.7 | POSITIVE | ALTS has a high relative strength, it outperformed 98.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALTS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALTS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALTS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.2 | NEUTRAL | The RSI value for ALTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests ALTS has a positive trend. |
| Stochastics (14,3) | 78.2 | NEUTRAL | The Stochastics value for ALTS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.41 | HIGH VOLATILITY | The high ATR as a percentage value for ALTS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.61 | NEUTRAL | The ADX value for ALTS suggests a possible start of a new 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)
8.97
+0.79 (+9.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg9.66%
1 Week42.83%
2 Weeks26.69%
1 Month13.83%
3 Month47.05%
6 Month54.39%
12 Month355.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%7.41%
ATR Inc129.33%
Range Today0.99
ADR(20)0.66
ADR(20)%7.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.7
Mansfield6.24
10 Day High9.04
10 Day Low5.98
20 Day High9.04
20 Day Low5.98
52 Week High10.95
52 Week Low1.55
CS1 End6.29
CR1 Start10.26
Volume & EV
DER(3)7.37%
DER(5)7.26%
Volume575.50K
Volume Incr21.65%
Vol(5)303.48K
Vol(50)278.32K