ALBIREO PHARMA INC (ALBO) Stock Technical Analysis
NASDAQ:ALBO - Nasdaq - US01345P1066 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to ALBO. Both in the recent history as in the last year, ALBO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
ALBO is part of the Biotechnology industry. There are 571 other stocks in this industry. ALBO outperforms 98% of them.
ALBO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ALBO 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.
When comparing the yearly performance of all stocks, we notice that ALBO is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month ALBO has a been trading in a tight range between 43.30 and 45.23.
ALBO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 44.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.96, a Stop Loss order could be placed below this zone.
More info and screens
43.06
45.41
We found 1 important support area.
- A support zone ranging from 43.49 to 43.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 44.96 to 44.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.27
Mansfield6.72
10 Day High44.9
10 Day Low43.31
20 Day High45.23
20 Day Low43.31
52 Week High45.23
52 Week Low16.02
Performance
1 Week1.28%
2 Weeks-0.07%
1 Month-1.23%
3 Month85.66%
6 Month156.84%
12 Month66.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.49
RSI(14)68.03
LBB43.39
UBB44.69
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 44.97 | 43.48 | 1.49 (3.31%) | 25.00% |
| An entry @44.97. This is a Buy Stop order right above the resistance zone. | An exit @43.48. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.49 points, which is 3.31%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
44.15
-0.1 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.23%
1 Week1.28%
2 Weeks-0.07%
1 Month-1.23%
3 Month85.66%
6 Month156.84%
12 Month66.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%1.22%
ATR Inc93.5%
Range Today0.91
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.27
Mansfield6.72
10 Day High44.9
10 Day Low43.31
20 Day High45.23
20 Day Low43.31
52 Week High45.23
52 Week Low16.02
CS1 End43.96
CR1 Start44.96
Volume & EV
DER(3)-1.24%
DER(5)-1.2%
Volume1.24M
Volume Incr38.27%
Vol(5)768.44K
Vol(50)606.43K