ALTO NEUROSCIENCE INC (ANRO) Stock Technical Analysis
NYSE:ANRO - New York Stock Exchange, Inc. - US02157Q1094 - Common Stock - Currency: USD
Taking everything into account, ANRO scores 4 out of 10 in our technical rating. In the past year, ANRO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
86% of all other stocks performed better in the past year than ANRO.
ANRO is one of the lesser performing stocks in the Pharmaceuticals industry. 64% of 193 stocks in the same industry do better.
ANRO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ANRO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ANRO has an average technical rating and the quality of the presented setup is also not ideal 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
2.15
3.13
We found 4 important support areas.
- A support zone ranging from 3.04 to 3.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.54 from a trend line in the weekly time frame.
- Support @2.37 from a trend line in the daily time frame.
- Support @2.17 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.09 to 3.10. 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 | DOWN | NEGATIVE | The long term trend for ANRO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANRO is up. |
| ChartMill Relative Strength | 14.63 | NEGATIVE | ANRO has a low relative strength, it was outperformed by 85.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ANRO is above the rising 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) | DOWN | NEGATIVE | The current price of ANRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.44 | NEUTRAL | The RSI value for ANRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ANRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.65 | NEUTRAL | The Stochastics value for ANRO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for ANRO suggests high volalility. |
| Average Directional Index/ADX (14) | 39.82 | POSITIVE | The high ADX value value for ANRO 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)
3.06
+0.01 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.33%
1 Week-0.97%
2 Weeks12.09%
1 Month34.21%
3 Month37.84%
6 Month-16.16%
12 Month-63.48%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%5.34%
ATR Inc-52.5%
Range Today0.05
ADR(20)0.16
ADR(20)%5.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.63
Mansfield-4.42
10 Day High3.19
10 Day Low2.72
20 Day High3.19
20 Day Low2.29
52 Week High15.04
52 Week Low1.6
CS1 End3.05
CR1 Start3.09
Volume & EV
DER(3)-1.16%
DER(5)-2.67%
Volume87.80K
Volume Incr-2.14%
Vol(5)139.16K
Vol(50)263.26K