We assign a technical rating of 0 out of 10 to ALZN. 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.
ALZN has a poor technical rating and the quality of the setup is also not perfect 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
2.17
When analyzing the resistance we notice 5 important areas.
- Resistance @2.25 from a trend line in the daily time frame.
- A resistance zone ranging from 2.36 to 2.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.45 from a horizontal line in the daily time frame.
- Resistance @2.56 from a horizontal line in the daily time frame.
- Resistance @2.62 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for ALZN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALZN is down. |
| ChartMill Relative Strength | 5.26 | NEGATIVE | ALZN has a low relative strength, it was outperformed by 94.74% 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) | 45.39 | NEUTRAL | The RSI value for ALZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ALZN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.22 | NEUTRAL | The Stochastics value for ALZN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.17 | HIGH VOLATILITY | The high ATR as a percentage value for ALZN suggests high volalility. |
| Average Directional Index/ADX (14) | 15.23 | NEGATIVE | The low ADX value for ALZN suggests a weak or negative trend. |
2.19
-0.05 (-2.23%)
ALZAMEND NEURO INC / ALZN FAQ
What is the ChartMill technical rating of ALZAMEND NEURO INC (ALZN) stock?
ChartMill assigns a technical rating of 0 / 10 to ALZN.
What is the current trend direction of ALZAMEND NEURO INC (ALZN) stock?
The current trend direction for ALZAMEND NEURO INC (ALZN) is Bearish.
Can you provide the RSI signal for ALZAMEND NEURO INC?
ALZAMEND NEURO INC (ALZN) has an RSI value of 45.3901. This indicates that the stock is currently neutral.
What is the short term momentum for ALZN stock?
The short term momentum for ALZAMEND NEURO INC (ALZN) is negative.
Can you provide the buy/sell signal for ALZAMEND NEURO INC?
The buy/sell signal for ALZAMEND NEURO INC (ALZN) is sell as both the short term and long term trends are negative.