ALX ONCOLOGY HOLDINGS INC (ALXO) Stock Technical Analysis
NASDAQ:ALXO - US00166B1052 - Common Stock
1.17 USD
+0.14 (+13.59%)
1.1603 USD
-0.01 (-0.83%)
Taking everything into account, ALXO scores 8 out of 10 in our technical rating. In the last year, ALXO was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ALXO is part of the Biotechnology industry. There are 547 other stocks in this industry. ALXO outperforms 84% of them.
In the last month ALXO has a been trading in the 0.51 - 1.19 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ALXO has an average volume of 1012580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ALXO did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
ALXO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALXO is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ALXO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.58
1.18
When analyzing the support we notice one important area.
- Support @0.59 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ALXO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALXO is up. |
| ChartMill Relative Strength | 92.43 | POSITIVE | ALXO has a high relative strength, it outperformed 92.43% 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) | UP | POSITIVE | The current price of ALXO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ALXO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 75.82 | OVERBOUGHT | The high RSI value suggests ALXO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ALXO has a positive trend. |
| Stochastics (14,3) | 84.63 | OVERBOUGHT | The high Stochastics value suggests ALXO may be overbought. |
| Average True Range in percent/ATR (20) | 8.67 | HIGH VOLATILITY | The high ATR as a percentage value for ALXO suggests high volalility. |
| Average Directional Index/ADX (14) | 46.47 | POSITIVE | The high ADX value value for ALXO suggests a strong 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)
1.17
+0.14 (+13.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg13.59%
1 Week81.59%
2 Weeks72.87%
1 Month122.35%
3 Month152.32%
6 Month4.46%
12 Month-51.05%
2 Year-72.54%
3 Year-91%
5 Year-97.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%8.67%
ATR Inc90.16%
Range Today0.16
ADR(20)0.1
ADR(20)%8.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.43
Mansfield-0.39
10 Day High1.19
10 Day Low0.6
20 Day High1.19
20 Day Low0.51
52 Week High2.59
52 Week Low0.4
CS1 End0.59
CR1 StartN/A
Volume & EV
DER(3)1.59%
DER(5)1.12%
Volume2.88M
Volume Incr819.64%
Vol(5)5.18M
Vol(50)1.01M