NASDAQ:ALVO - Nasdaq - LU2458332611 - Common Stock - Currency: USD
Taking everything into account, ALVO scores 3 out of 10 in our technical rating. In the past year, ALVO was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The technical rating of ALVO 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.
8.32
When analyzing the support we notice one important area.
When analyzing the resistance we notice 5 important areas.
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 ALVO is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALVO is up. |
ChartMill Relative Strength | 42.02 | NEUTRAL | ALVO is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALVO is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALVO is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALVO is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 59.59 | NEUTRAL | The RSI value for ALVO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ALVO has a positive trend. |
Stochastics (14,3) | 92.57 | OVERBOUGHT | The high Stochastics value suggests ALVO may be overbought. |
Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for ALVO suggests some volalility. |
Average Directional Index/ADX (14) | 24.83 | NEUTRAL | The ADX value for ALVO suggests a possible start of a new trend. |
9.61
+0.45 (+4.91%)