NASDAQ:ALAB - Nasdaq - US04626A1034 - Common Stock - Currency: USD
Taking everything into account, ALAB scores 0 out of 10 in our technical rating. ALAB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ALAB has a bad technical rating, but it does show 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 54.23, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALAB in the last couple of days, which is a good sign.
52.40
We found 2 important support areas.
When analyzing the resistance we notice one important area.
54.42
-4.54 (-7.7%)