AUTOLIV INC (ALV) Stock Technical Analysis
NYSE:ALV - New York Stock Exchange, Inc. - US0528001094 - Common Stock - Currency: USD
Overall ALV gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ALV is a bad performer.
68% of all other stocks performed better in the past year than ALV.
ALV is one of the lesser performing stocks in the Automobile Components industry. 65% of 81 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
ALV is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
ALV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALV is lagging the market slightly.
ALV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 101.35. Right above this resistance zone may be a good entry point.
More info and screens
99.53
103.81
When analyzing the support we notice one important area.
- A support zone ranging from 100.54 to 100.78. 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 101.35 to 102.78. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ALV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALV is up. |
| ChartMill Relative Strength | 32.16 | NEUTRAL | ALV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.14 | NEUTRAL | The RSI value for ALV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ALV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.41 | NEUTRAL | The Stochastics value for ALV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for ALV suggests some volalility. |
| Average Directional Index/ADX (14) | 38.05 | POSITIVE | The high ADX value value for ALV suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 102.79 | 100.53 | 2.26 (2.20%) | 25.00% |
| An entry @102.79. This is a Buy Stop order right above the resistance zone. | An exit @100.53. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.26 points, which is 2.20%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%. |
- The distance between exit and entry is rather small compared to the average daily movement of ALV. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
100.79
+0.17 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.17%
1 Week-1.14%
2 Weeks2.89%
1 Month10.6%
3 Month3.47%
6 Month1.92%
12 Month-19.84%
2 Year23.67%
3 Year25.86%
5 Year58.52%
10 Year10.97%
15 Year194.71%
Volatility
ATR(14)2.06
ATR(20)%2.03%
ATR Inc-0.29%
Range Today2.58
ADR(20)1.69
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.16
Mansfield0.12
10 Day High102.95
10 Day Low98.45
20 Day High102.95
20 Day Low91.34
52 Week High129.38
52 Week Low75.49
CS1 End100.78
CR1 Start101.35
Volume & EV
DER(3)-2.78%
DER(5)-2.62%
Volume587.90K
Volume Incr-23.66%
Vol(5)448.56K
Vol(50)886.78K