Taking everything into account, ALECO scores 7 out of 10 in our technical rating. ALECO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: ALECO has an average volume of 1252 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ALECO is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ALECO slightly outperforms the market at the moment.
In the last month ALECO has a been trading in the 2.60 - 3.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, ALECO did better than 86% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
ALECO is part of the Consumer Staples Distribution & Retail industry. There are 24 other stocks in this industry, ALECO did better than 69% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.