USA - NASDAQ:ALZN - US02262M6057 - Common Stock
We assign a technical rating of 2 out of 10 to ALZN. Recently some decent action could be observed, but in the medium term time frame this is still negative. ALZN was also a bad performer in the overall market in the last year.
Although the technical rating is bad, ALZN does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for ALZN in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
2.18
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 | 7.14 | NEGATIVE | ALZN has a low relative strength, it was outperformed by 92.86% off all stocks on the market. | 
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALZN is above the rising SMA(20). | 
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALZN is above the rising 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) | 59.98 | NEUTRAL | The RSI value for ALZN is a neutral value. | 
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ALZN has a positive trend. | 
| Stochastics (14,3) | 72.86 | NEUTRAL | The Stochastics value for ALZN is a neutral value. | 
| Average True Range in percent/ATR (20) | 6.65 | HIGH VOLATILITY | The high ATR as a percentage value for ALZN suggests high volalility. | 
| Average Directional Index/ADX (14) | 14.86 | NEGATIVE | The low ADX value for ALZN suggests a weak or negative trend. | 
2.61
+0.16 (+6.32%)
ChartMill assigns a technical rating of 2 / 10 to ALZN.
The current trend direction for ALZAMEND NEURO INC (ALZN) is Bearish.
ALZAMEND NEURO INC (ALZN) has an RSI value of 59.9784. This indicates that the stock is currently neutral.
The short term momentum for ALZAMEND NEURO INC (ALZN) is neutral.