ALX ONCOLOGY HOLDINGS INC (ALXO) Stock Technical Analysis
NASDAQ:ALXO - Nasdaq - US00166B1052 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ALXO. In the past year, ALXO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ALXO is a bad performer in the overall market: 99% of all stocks are doing better.
ALXO is part of the Biotechnology industry. There are 559 other stocks in this industry, of which 87% are performing better than ALXO.
ALXO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ALXO is lagging the market.
In the last month ALXO has a been trading in the 0.41 - 0.59 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ALXO 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.
More info and screens
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0.58
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 ALXO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALXO is up. |
| ChartMill Relative Strength | 1.41 | NEGATIVE | ALXO has a low relative strength, it was outperformed by 98.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALXO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ALXO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALXO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.4 | NEUTRAL | The RSI value for ALXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ALXO has a positive trend. |
| Stochastics (14,3) | 76.47 | NEUTRAL | The Stochastics value for ALXO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.26 | HIGH VOLATILITY | The high ATR as a percentage value for ALXO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.47 | NEGATIVE | The low ADX value for ALXO suggests a weak or negative 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)
0.579
+0.05 (+10.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg10.29%
1 Week19.26%
2 Weeks20.9%
1 Month25.81%
3 Month-45.38%
6 Month-64.26%
12 Month-93.57%
2 Year-92.29%
3 Year-92.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%8.26%
ATR Inc8.79%
Range Today0.06
ADR(20)0.05
ADR(20)%8.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.41
Mansfield-7.35
10 Day High0.59
10 Day Low0.43
20 Day High0.59
20 Day Low0.41
52 Week High9.04
52 Week Low0.41
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.01%
DER(5)1.01%
Volume967.00K
Volume Incr3.46%
Vol(5)470.74K
Vol(50)490.64K