ALLURION TECHNOLOGIES INC (ALUR) Technical Analysis
NYSE:ALUR • US02008G2012
Current stock price
ALUR Technical Rating and Analysis
Overall ALUR gets a technical rating of 0 out of 10. ALUR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 98% of all other stocks performed better in the past year than ALUR.
- ALUR is one of the lesser performing stocks in the Diversified Consumer Services industry. 80% of 72 stocks in the same industry do better.
- ALUR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ALUR has a been trading in the 0.65 - 2.07 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.
- ALUR has an average volume of 3250670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
ALUR Weekly and Daily overview Charts
ALUR Setup Rating and Analysis
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
ALUR Support and Resistance Analysis
ALUR Technical Indicator Signal Analysis
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 | 2.55 | NEGATIVE | ALUR has a low relative strength, it was outperformed by 97.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALUR is below a declining 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) | 35.76 | NEUTRAL | The RSI value for ALUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ALUR has a negative trend. |
| Stochastics (14,3) | 4.48 | OVERSOLD | The low Stochastics value suggests ALUR may be oversold. |
| Average True Range in percent/ATR (20) | 32.54 | HIGH VOLATILITY | The high ATR as a percentage value for ALUR suggests high volalility. |
| Average Directional Index/ADX (14) | 23.6 | NEUTRAL | The ADX value for ALUR suggests a possible start of a new trend. |
ALUR Chart- and CandleStick Pattern Analysis
ALUR Technicals: Chart, Performance Metrics, Trend & Indicators
0.6711
-0.04 (-5.63%)
ALLURION TECHNOLOGIES INC / ALUR TA FAQ
What is the technical rating for ALUR stock?
ChartMill assigns a technical rating of 0 / 10 to ALUR.
Can you provide the trend direction for ALLURION TECHNOLOGIES INC?
The current trend direction for ALLURION TECHNOLOGIES INC (ALUR) is Bearish.
What is the RSI signal for ALLURION TECHNOLOGIES INC (ALUR) stock?
ALLURION TECHNOLOGIES INC (ALUR) has an RSI value of 35.7567. This indicates that the stock is currently neutral.
What is the short term momentum for ALLURION TECHNOLOGIES INC (ALUR) stock?
The short term momentum for ALLURION TECHNOLOGIES INC (ALUR) is negative.