AUTOLIV INC (ALV) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:ALV • US0528001094
We assign a technical rating of 7 out of 10 to ALV. In the last year, ALV was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, ALV did better than 75% of all other stocks. On top of that, ALV also shows a nice and consistent pattern of rising prices.
- ALV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- ALV is part of the Automobile Components industry. There are 42 other stocks in this industry, ALV did better than 48% of them.
- In the last month ALV has a been trading in the 118.89 - 130.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ALV also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 127.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 125.68, a Stop Loss order could be placed below this zone.
More info and screens
114.43
We found 3 important support areas.
- A support zone ranging from 122.64 to 125.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 117.86 to 119.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 115.59 to 115.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 127.57 to 129.59. 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 | UP | POSITIVE | The long term trend for ALV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALV is neutral. |
| ChartMill Relative Strength | 75.06 | POSITIVE | ALV has a high relative strength, it outperformed 75.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALV is above a declining 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) | 52.98 | NEUTRAL | The RSI value for ALV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests ALV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.94 | NEUTRAL | The Stochastics value for ALV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for ALV suggests some volalility. |
| Average Directional Index/ADX (14) | 18.43 | NEGATIVE | The low ADX value for ALV suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 129.60 | 122.63 | 6.97 (5.38%) | 18.59% |
| An entry @129.60. This is a Buy Stop order right above the resistance zone. | An exit @122.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.97 points, which is 5.38%. | When investing 18.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
125.82
+2.24 (+1.81%)
AUTOLIV INC / ALV FAQ
Can you provide the ChartMill technical rating for AUTOLIV INC?
ChartMill assigns a technical rating of 7 / 10 to ALV.
Can you provide the trend direction for AUTOLIV INC?
The current trend direction for AUTOLIV INC (ALV) is Bullish.
Can you provide the RSI signal for AUTOLIV INC?
AUTOLIV INC (ALV) has an RSI value of 52.977. This indicates that the stock is currently neutral.
What is the MACD signal for ALV stock?
The MACD indicator for AUTOLIV INC (ALV) has a value of -0.246331, indicating a bearish trend.