We assign a technical rating of 10 out of 10 to ALJXR. ALJXR 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that ALJXR is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, ALJXR also shows a nice and consistent pattern of rising prices.
ALJXR is part of the Technology Hardware, Storage & Peripherals industry. There are 28 other stocks in this industry. ALJXR outperforms 96% of them.
A new 52 week high is currently being made by ALJXR, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so ALJXR is leading the market.
In the last month ALJXR has a been trading in the 0.12 - 0.30 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.