We assign a technical rating of 1 out of 10 to ALVO. ALVO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ALVO has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
4.52
We found 1 important support area.
We can see 6 important resistance 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 | NEUTRAL | NEUTRAL | The short term trend for ALVO is neutral. |
| ChartMill Relative Strength | 5.56 | NEGATIVE | ALVO has a low relative strength, it was outperformed by 94.44% off all stocks 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 | MIXED | The current price of ALVO is above 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) | 55.75 | NEUTRAL | The RSI value for ALVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ALVO has a positive trend. |
| Stochastics (14,3) | 87.59 | OVERBOUGHT | The high Stochastics value suggests ALVO may be overbought. |
| Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for ALVO suggests some volalility. |
| Average Directional Index/ADX (14) | 23.02 | NEUTRAL | The ADX value for ALVO suggests a possible start of a new trend. |
5.26
+0.09 (+1.74%)
ChartMill assigns a technical rating of 1 / 10 to ALVO.
The current trend direction for ALVOTECH SA (ALVO) is Bearish.
ALVOTECH SA (ALVO) has an RSI value of 55.7529. This indicates that the stock is currently neutral.
The MACD indicator for ALVOTECH SA (ALVO) has a value of 0.0717374, indicating a bearish trend.