AUTOLIV INC (ALV) Stock Technical Analysis
NYSE:ALV - New York Stock Exchange, Inc. - US0528001094 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to ALV. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ALV is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
ALV is one of the better performing stocks in the Automobile Components industry, it outperforms 71% of 81 stocks in the same industry.
ALV is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ALV is leading the market.
In the last month ALV has a been trading in the 98.45 - 110.31 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ALV did better than 73% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although ALV has an excellent technical rating, it does not present a decent entry opportunity 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
99.53
109.66
When analyzing the support we notice one important area.
- A support zone ranging from 100.54 to 104.14. 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 | 73.76 | POSITIVE | ALV has a high relative strength, it outperformed 73.76% off all stocks 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) | 68.97 | NEUTRAL | The RSI value for ALV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests ALV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.64 | OVERBOUGHT | The high Stochastics value suggests ALV may be overbought. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for ALV suggests low volalility. |
| Average Directional Index/ADX (14) | 38.06 | 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)
108.57
-1.41 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.28%
1 Week2.79%
2 Weeks5.59%
1 Month7.58%
3 Month20.43%
6 Month11.32%
12 Month-0.71%
2 Year27.67%
3 Year51.7%
5 Year68.3%
10 Year29.16%
15 Year215.13%
Volatility
ATR(14)2.17
ATR(20)%1.86%
ATR Inc-15.53%
Range Today1.94
ADR(20)1.78
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.76
Mansfield0.73
10 Day High110.31
10 Day Low100.75
20 Day High110.31
20 Day Low98.45
52 Week High112.32
52 Week Low75.49
CS1 End104.14
CR1 StartN/A
Volume & EV
DER(3)-3.14%
DER(5)-1.06%
Volume630.70K
Volume Incr16.1%
Vol(5)673.14K
Vol(50)730.85K