ALLURION TECHNOLOGIES INC (ALUR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ALUR - US02008G2012 - Common Stock
Taking everything into account, ALUR scores 1 out of 10 in our technical rating. ALUR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ALUR 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
1.46
We can see 3 important resistance areas.
- A resistance zone ranging from 1.59 to 1.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.85 from a trend line in the daily time frame.
- Resistance @3.35 from a horizontal line in the daily 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 ALUR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALUR is down. |
| ChartMill Relative Strength | 3.79 | NEGATIVE | ALUR has a low relative strength, it was outperformed by 96.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALUR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALUR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALUR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.36 | NEUTRAL | The RSI value for ALUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALUR has a negative trend. |
| Stochastics (14,3) | 38.2 | NEUTRAL | The Stochastics value for ALUR is a neutral value. |
| Average True Range in percent/ATR (20) | 10.48 | HIGH VOLATILITY | The high ATR as a percentage value for ALUR suggests high volalility. |
| Average Directional Index/ADX (14) | 21.5 | NEUTRAL | The ADX value for ALUR suggests a possible start of a new trend. |
1.47
-0.03 (-2%)
ALLURION TECHNOLOGIES INC / ALUR FAQ
What is the technical rating for ALUR stock?
ChartMill assigns a technical rating of 1 / 10 to ALUR.
What is the trend direction for ALUR stock?
The current trend direction for ALLURION TECHNOLOGIES INC (ALUR) is Bearish.
What is the RSI signal for ALUR stock?
ALLURION TECHNOLOGIES INC (ALUR) has an RSI value of 43.3594. This indicates that the stock is currently neutral.
What is the MACD signal for ALLURION TECHNOLOGIES INC (ALUR) stock?
The MACD indicator for ALLURION TECHNOLOGIES INC (ALUR) has a value of -0.00273731, indicating a bearish trend.
What is the buy/sell signal for ALUR stock?
The buy/sell signal for ALLURION TECHNOLOGIES INC (ALUR) is sell as both the short term and long term trends are negative.