ALZAMEND NEURO INC (ALZN) Stock Technical Analysis
NASDAQ:ALZN - Nasdaq - US02262M5067 - Common Stock - Currency: USD
Overall ALZN gets a technical rating of 0 out of 10. ALZN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ALZN is a bad performer in the overall market: 99% of all stocks are doing better.
ALZN is part of the Biotechnology industry. There are 558 other stocks in this industry, of which 87% are performing better than ALZN.
ALZN 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 ALZN is lagging the market.
In the last month ALZN has a been trading in the 3.06 - 8.22 range, which is quite wide. It is currently trading near the lows of this range.
ALZN has an average volume of 1878720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
ALZN has a poor technical rating and the quality of the setup is also only medium 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
3.25
3.54
When analyzing the support we notice one important area.
- A support zone ranging from 3.28 to 3.29. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for ALZN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALZN is neutral. |
| ChartMill Relative Strength | 1.29 | NEGATIVE | ALZN has a low relative strength, it was outperformed by 98.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALZN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALZN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALZN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.36 | NEUTRAL | The RSI value for ALZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests ALZN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 23.25 | NEUTRAL | The Stochastics value for ALZN is a neutral value. |
| Average True Range in percent/ATR (20) | 25.06 | HIGH VOLATILITY | The high ATR as a percentage value for ALZN suggests high volalility. |
| Average Directional Index/ADX (14) | 34.17 | POSITIVE | The high ADX value value for ALZN 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)
3.5
-0.33 (-8.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-8.62%
1 Week-4.11%
2 Weeks2.94%
1 Month-41.96%
3 Month-48.83%
6 Month-65.89%
12 Month-93.29%
2 Year-99.49%
3 Year-99.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%25.06%
ATR Inc22.19%
Range Today0.41
ADR(20)0.74
ADR(20)%21.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.29
Mansfield-7.77
10 Day High8.22
10 Day Low3.25
20 Day High8.22
20 Day Low3.06
52 Week High135.54
52 Week Low3.06
CS1 End3.29
CR1 StartN/A
Volume & EV
DER(3)-4.79%
DER(5)-5.89%
Volume1.10M
Volume Incr3336.65%
Vol(5)16.21M
Vol(50)1.88M