ALKERMES PLC (ALKS) Stock Technical Analysis
NASDAQ:ALKS - Nasdaq - IE00B56GVS15 - Common Stock - Currency: USD
Taking everything into account, ALKS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALKS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ALKS did better than 86% of all other stocks.
ALKS is part of the Biotechnology industry. There are 572 other stocks in this industry. ALKS outperforms 87% of them.
ALKS 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 ALKS slightly outperforms the market at the moment.
ALKS 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.
ALKS has an average volume of 1603770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ALKS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 35.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.32, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.56
36.37
We found 7 important support areas.
- A support zone ranging from 34.03 to 34.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.00 from a trend line in the daily time frame.
- Support @29.28 from a trend line in the weekly time frame.
- Support @28.56 from a trend line in the daily time frame.
- Support @27.48 from a horizontal line in the daily time frame.
- Support @25.94 from a horizontal line in the daily time frame.
- Support @23.80 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.90 to 36.01. 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
CRS86.6
Mansfield2.08
10 Day High35.69
10 Day Low33.61
20 Day High36.45
20 Day Low31.01
52 Week High36.45
52 Week Low22.9
Performance
1 Week0.06%
2 Weeks-2.75%
1 Month9.43%
3 Month9.19%
6 Month27.89%
12 Month17.44%
2 Year21.85%
3 Year30.56%
5 Year138.21%
10 Year-43.66%
15 Year164.84%
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)-0.2
RSI(14)55.15
LBB33.79
UBB36.21
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 |
|---|---|---|---|
| 34.75 | 34.02 | 0.73 (2.10%) | 25.00% |
| An entry @34.75. This is a Buy Stop order right above the 10 day moving average. | An exit @34.02. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.73 points, which is 2.10%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
- The distance between exit and entry is rather small compared to the average daily movement of ALKS. Please evaluate whether better entry and exit points can be found.
- 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.
34.35
-0.3 (-0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.87%
1 Week0.06%
2 Weeks-2.75%
1 Month9.43%
3 Month9.19%
6 Month27.89%
12 Month17.44%
2 Year21.85%
3 Year30.56%
5 Year138.21%
10 Year-43.66%
15 Year164.84%
Volatility
ATR(14)0.94
ATR(20)%3.19%
ATR Inc-19.53%
Range Today1.04
ADR(20)1.1
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.6
Mansfield2.08
10 Day High35.69
10 Day Low33.61
20 Day High36.45
20 Day Low31.01
52 Week High36.45
52 Week Low22.9
CS1 End34.32
CR1 Start35.9
Volume & EV
DER(3)0.1%
DER(5)0.78%
Volume1.90M
Volume Incr-12.64%
Vol(5)1.72M
Vol(50)1.60M