ALECTOR INC (ALEC) Stock Technical Analysis
NASDAQ:ALEC - Nasdaq - US0144421072 - Common Stock - Currency: USD
Overall ALEC gets a technical rating of 1 out of 10. ALEC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ALEC is a bad performer in the overall market: 98% of all stocks are doing better.
ALEC is part of the Biotechnology industry. There are 571 other stocks in this industry, of which 83% are performing better than ALEC.
ALEC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month ALEC has a been trading in the 1.55 - 1.93 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ALEC has a poor technical rating and the quality of the setup is also only medium 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
1.59
1.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.64 to 1.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.61 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.88 to 1.88. 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
CRS2.19
Mansfield-6.16
10 Day High1.93
10 Day Low1.55
20 Day High1.93
20 Day Low1.55
52 Week High7.58
52 Week Low1.55
Performance
1 Week11.98%
2 Weeks4.47%
1 Month3.31%
3 Month-52.54%
6 Month-64.78%
12 Month-70.83%
2 Year-78.1%
3 Year-88.19%
5 Year-93.2%
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)0.04
RSI(14)54.66
LBB1.56
UBB1.91
1.87
+0.01 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.54%
1 Week11.98%
2 Weeks4.47%
1 Month3.31%
3 Month-52.54%
6 Month-64.78%
12 Month-70.83%
2 Year-78.1%
3 Year-88.19%
5 Year-93.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%6.01%
ATR Inc-3.16%
Range Today0.1
ADR(20)0.11
ADR(20)%5.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.19
Mansfield-6.16
10 Day High1.93
10 Day Low1.55
20 Day High1.93
20 Day Low1.55
52 Week High7.58
52 Week Low1.55
CS1 End1.65
CR1 Start1.88
Volume & EV
DER(3)4.27%
DER(5)2.23%
Volume461.20K
Volume Incr-16.57%
Vol(5)422.32K
Vol(50)917.49K