ALTO NEUROSCIENCE INC (ANRO) Stock Technical Analysis
NYSE:ANRO - US02157Q1094 - Common Stock
3.68 USD
-0.13 (-3.41%)
3.68 USD
0 (0%)
Taking everything into account, ANRO scores 6 out of 10 in our technical rating. ANRO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
87% of all other stocks performed better in the past year than ANRO.
ANRO is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 61% are performing better than ANRO.
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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ANRO has a been trading in the 3.00 - 4.25 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.
ANRO has an average technical rating and it also does not offer a high quality setup 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
4.20
3 important support areas can be observed.
- Support @2.66 from a trend line in the weekly time frame.
- Support @2.50 from a trend line in the daily time frame.
- Support @2.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.91 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.14 to 4.16. 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 | NEUTRAL | NEUTRAL | The long term trend for ANRO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANRO is up. |
| ChartMill Relative Strength | 13.3 | NEGATIVE | ANRO has a low relative strength, it was outperformed by 86.7% 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 | MIXED | The current price of ANRO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.02 | NEUTRAL | The RSI value for ANRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ANRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.11 | NEUTRAL | The Stochastics value for ANRO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for ANRO suggests high volalility. |
| Average Directional Index/ADX (14) | 53.13 | 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)
3.68
-0.13 (-3.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-3.41%
1 Week-5.64%
2 Weeks17.2%
1 Month20.66%
3 Month42.64%
6 Month31.43%
12 Month-71.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%5.1%
ATR Inc80.51%
Range Today0.33
ADR(20)0.19
ADR(20)%5.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.3
Mansfield-2.74
10 Day High4.25
10 Day Low3.05
20 Day High4.25
20 Day Low3
52 Week High15.04
52 Week Low1.6
CS1 End2.66
CR1 Start3.91
Volume & EV
DER(3)-1.4%
DER(5)2.74%
Volume89.90K
Volume Incr-15.35%
Vol(5)88.46K
Vol(50)202.90K