ALTO NEUROSCIENCE INC (ANRO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ANRO - US02157Q1094 - Common Stock
Taking everything into account, ANRO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ANRO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ANRO is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, ANRO also shows a nice and consistent pattern of rising prices.
- ANRO is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 94% of 191 stocks in the same industry.
- ANRO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ANRO is lagging the market slightly.
- In the last month ANRO has a been trading in the 14.08 - 20.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ANRO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 16.47, a Stop Loss order could be placed below this zone.
More info and screens
14.93
We found 3 important support areas.
- A support zone ranging from 16.37 to 16.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.85 from a trend line in the daily time frame.
- A support zone ranging from 15.08 to 15.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.18 to 17.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ANRO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANRO is up. |
| ChartMill Relative Strength | 99.15 | POSITIVE | ANRO has a high relative strength, it outperformed 99.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ANRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.8 | NEUTRAL | The RSI value for ANRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests ANRO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.14 | NEUTRAL | The Stochastics value for ANRO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.74 | HIGH VOLATILITY | The high ATR as a percentage value for ANRO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.66 | NEGATIVE | The low ADX value for ANRO suggests a weak or negative trend. |
17.17
+0.15 (+0.88%)
ALTO NEUROSCIENCE INC / ANRO FAQ
What is the ChartMill technical rating of ALTO NEUROSCIENCE INC (ANRO) stock?
ChartMill assigns a technical rating of 10 / 10 to ANRO.
What is the current trend direction of ALTO NEUROSCIENCE INC (ANRO) stock?
The current trend direction for ALTO NEUROSCIENCE INC (ANRO) is Bullish.
What is the RSI signal for ALTO NEUROSCIENCE INC (ANRO) stock?
ALTO NEUROSCIENCE INC (ANRO) has an RSI value of 54.7981. This indicates that the stock is currently neutral.
What is the MACD signal for ANRO stock?
The MACD indicator for ALTO NEUROSCIENCE INC (ANRO) has a value of -0.19738, indicating a bearish trend.
Can you provide the buy/sell signal for ALTO NEUROSCIENCE INC?
The buy/sell signal for ALTO NEUROSCIENCE INC (ANRO) is buy as both the short term and long term trends are positive.