Alexion Pharm Inc (ALXN) Technical Analysis
NASDAQ:ALXN
Current stock price
ALXN Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ALXN. Both in the recent history as in the last year, ALXN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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, ALXN did better than 83% of all other stocks. On top of that, ALXN also shows a nice and consistent pattern of rising prices.
- ALXN 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 ALXN is leading the market.
- ALXN has an average volume of 4521530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ALXN is an average performer in the Biotechnology industry, it outperforms 63% of 518 stocks in the same industry.
- In the last month ALXN has a been trading in a tight range between 178.51 and 187.45.
- Volume is considerably higher in the last couple of days.
ALXN Weekly and Daily overview Charts
ALXN Setup Rating and Analysis
ALXN 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 186.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 180.02, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ALXN Support and Resistance Analysis
151.10
2 important support areas can be observed.
- A support zone ranging from 177.29 to 180.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 152.63 to 152.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 186.28 to 186.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
ALXN Technical Indicator Signal Analysis
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 ALXN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALXN is neutral. |
| ChartMill Relative Strength | 83.7 | POSITIVE | ALXN has a high relative strength, it outperformed 83.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALXN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALXN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALXN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.18 | NEUTRAL | The RSI value for ALXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.78 | NEGATIVE | The MACD value suggests ALXN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.48 | NEUTRAL | The Stochastics value for ALXN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for ALXN suggests low volalility. |
ALXN Chart- and CandleStick Pattern Analysis
ALXN Example Setup
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 |
|---|---|---|---|
| 183.30 | 178.50 | 4.80 (2.62%) | 25.00% |
| An entry @183.30. This is a Buy Stop order right above the 10 day moving average. | An exit @178.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.80 points, which is 2.62%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%. |
- 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.
ALXN Technicals: Chart, Performance Metrics, Trend & Indicators
182.5
+3.05 (+1.7%)
Alexion Pharm Inc / ALXN TA FAQ
Can you provide the ChartMill technical rating for Alexion Pharm Inc?
ChartMill assigns a technical rating of 9 / 10 to ALXN.
What is the current trend direction of Alexion Pharm Inc (ALXN) stock?
The current trend direction for Alexion Pharm Inc (ALXN) is Bullish.
What is the RSI signal for ALXN stock?
Alexion Pharm Inc (ALXN) has an RSI value of 52.1833. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Alexion Pharm Inc?
The MACD indicator for Alexion Pharm Inc (ALXN) has a value of -0.7789, indicating a bearish trend.
What is the support and resistance level for ALXN stock?
Alexion Pharm Inc (ALXN) has a support level at 180.02 and a resistance level at 186.28. Check the full technical report for our detailed analysis of ALXN support and resistance levels.