ALT5 SIGMA CORP (ALTS) Stock Technical Analysis
NASDAQ:ALTS - US47089W1045 - Common Stock
4.395 USD
+0.52 (+13.57%)
4.36 USD
-0.03 (-0.8%)
We assign a technical rating of 3 out of 10 to ALTS. Although ALTS 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.
ALTS 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 ALTS has a been trading in the 3.55 - 9.76 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.
ALTS is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. ALTS outperforms 70% of them.
ALTS has an average volume of 7914220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, ALTS did better than 83% of all other stocks. However, we also see that ALTS couldn't keep up this performance in the last couple of months.
The technical rating of ALTS is bad and it also does not present a quality setup 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
3.83
8.41
When analyzing the support we notice one important area.
- Support @3.87 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.33 to 8.33. 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 | DOWN | NEGATIVE | The short term trend for ALTS is down. |
| ChartMill Relative Strength | 83.08 | POSITIVE | ALTS has a high relative strength, it outperformed 83.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALTS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALTS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ALTS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.53 | NEUTRAL | The RSI value for ALTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests ALTS has a negative trend. |
| Stochastics (14,3) | 7.79 | OVERSOLD | The low Stochastics value suggests ALTS may be oversold. |
| Average True Range in percent/ATR (20) | 27.75 | HIGH VOLATILITY | The high ATR as a percentage value for ALTS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.42 | NEGATIVE | The low ADX value for ALTS suggests a weak or negative 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)
4.395
+0.52 (+13.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg13.57%
1 Week-47.37%
2 Weeks-20.31%
1 Month-46.27%
3 Month-56.95%
6 Month-14.33%
12 Month109.29%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%27.75%
ATR Inc-26.4%
Range Today0.63
ADR(20)1.13
ADR(20)%25.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.08
Mansfield-2.52
10 Day High8.74
10 Day Low3.55
20 Day High9.76
20 Day Low3.55
52 Week High10.95
52 Week Low1.55
CS1 End3.87
CR1 Start8.33
Volume & EV
DER(3)-0.2%
DER(5)-4.1%
Volume18.99M
Volume Incr91.4%
Vol(5)25.14M
Vol(50)7.91M