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Alexion Pharm Inc (ALXN) Stock Technical Analysis

NASDAQ:ALXN - Nasdaq -

182.5  +3.05 (+1.7%)

After market: 183 +0.5 (+0.27%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to ALXN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALXN is showing a nice and steady performance.

The short term is neutral, but the long term trend is still positive. Not much to worry about 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 one of the better performing stocks in the Biotechnology industry, it outperforms 85% of 560 stocks in the same industry.
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.
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.
Weekly and Daily overview Charts
Alexion Pharm Inc / ALXN Weekly stock chart
Alexion Pharm Inc / ALXN Daily stock chart
Setup Rating and Analysis

8

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.
Support and Resistance Analysis

151.10

188.49

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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ALXN is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ALXN is neutral.
ChartMill Relative Strength83.7POSITIVEALXN has a high relative strength, it outperformed 83.7% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of ALXN is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ALXN is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ALXN is above the rising SMA(200).
Relative Strength Index/RSI (14)52.18NEUTRALThe RSI value for ALXN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.78NEGATIVEThe MACD value suggests ALXN has a negative trend, although the MACD value is rising.
Stochastics (14,3)21.48NEUTRALThe Stochastics value for ALXN is a neutral value.
Average True Range in percent/ATR (20)1.23LOW VOLATILITYThe low ATR as a percentage value for ALXN suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
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.

ENTRYEXITDISTANCECAPITAL
183.30178.504.80 (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 trade has a worst case loss of 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.
Alexion Pharm Inc / ALXN Daily stock chart

Alexion Pharm Inc

NASDAQ:ALXN (7/20/2021, 9:56:13 PM)

After market: 183 +0.5 (+0.27%)

182.5

+3.05 (+1.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.7%
1 Week-1.87%
2 Weeks-1.11%
1 Month1.02%
3 Month9.33%
6 Month14.26%
12 Month79.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.35
ATR(20)%1.23%
ATR Inc13.36%
Range Today2.54
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.7
Mansfield1.13
10 Day High187.45
10 Day Low178.51
20 Day High187.45
20 Day Low178.51
52 Week High187.45
52 Week Low99.91
CS1 End180.02
CR1 Start186.28
Volume & EV
DER(3)-0.42%
DER(5)-0.9%
Volume90.51M
Volume Incr901.91%
Vol(5)25.52M
Vol(50)4.52M