ALKERMES PLC (ALKS)
IE00B56GVS15 - Common Stock
Taking everything into account, ALKS scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ALKS is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ALKS is one of the better performing stocks in the Biotechnology industry, it outperforms 72% of 568 stocks in the same industry.
ALKS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ALKS is performing more or less in line with the market.
ALKS has an average volume of 1781280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ALKS turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
In the last month ALKS has a been trading in the 27.58 - 32.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, ALKS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- 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
31.77
When analyzing the support we can see 4 important areas.
- Support @27.43 from a trend line in the weekly time frame.
- Support @26.88 from a trend line in the daily time frame.
- A support zone ranging from 25.70 to 26.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 31.46 to 31.46. 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
CRS62.24
Mansfield-0.03
10 Day High32.25
10 Day Low29.53
20 Day High32.25
20 Day Low27.58
52 Week High32.88
52 Week Low22.9
Performance
1 Week-2.62%
2 Weeks-5.56%
1 Month7.26%
3 Month4.06%
6 Month19.08%
12 Month6.41%
2 Year13.7%
3 Year27.73%
5 Year45.64%
10 Year-49.27%
15 Year215.73%
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)-0.16
RSI(14)49.52
LBB29.43
UBB31.74
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 |
|---|---|---|---|
| 30.51 | 29.52 | 0.99 (3.25%) | 25.00% |
| An entry @30.51. This is a Buy Stop order right above the 10 day moving average. | An exit @29.52. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.99 points, which is 3.25%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- 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.
ALKERMES PLC
NASDAQ:ALKS (12/20/2024, 8:00:00 PM)
After market: 31.5136 +1.8 (+6.07%)29.71
-0.26 (-0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.87%
1 Week-2.62%
2 Weeks-5.56%
1 Month7.26%
3 Month4.06%
6 Month19.08%
12 Month6.41%
2 Year13.7%
3 Year27.73%
5 Year45.64%
10 Year-49.27%
15 Year215.73%
Volatility
ATR(14)0.87
ATR(20)%3.01%
ATR Inc-8.47%
Range Today0.84
ADR(20)0.89
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.24
Mansfield-0.03
10 Day High32.25
10 Day Low29.53
20 Day High32.25
20 Day Low27.58
52 Week High32.88
52 Week Low22.9
CS1 End27.43
CR1 Start31.46
Volume & EV
DER(3)0.51%
DER(5)1.99%
Volume4.64M
Volume Incr83.6%
Vol(5)2.74M
Vol(50)1.78M