ALLAKOS INC (ALLK) Stock Technical Analysis
NASDAQ:ALLK - Nasdaq - US01671P1003 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to ALLK. Recently some decent action could be observed, but in the medium term time frame this is still negative. ALLK was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ALLK is a bad performer in the overall market: 98% of all stocks are doing better.
ALLK is part of the Biotechnology industry. There are 568 other stocks in this industry, of which 85% are performing better than ALLK.
ALLK is currently trading near the lower end of its 52 week range, which is not a good sign. ALLK is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ALLK has a been trading in the 0.22 - 0.33 range, which is quite wide. It is currently trading near the high of this range.
ALLK has an average volume of 1499750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is bad, ALLK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALLK in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
0.32
0.33
We found 1 important support area.
- A support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS2.41
Mansfield-5.65
10 Day High0.33
10 Day Low0.31
20 Day High0.33
20 Day Low0.22
52 Week High1.56
52 Week Low0.22
Performance
1 Week1.72%
2 Weeks2.03%
1 Month32.36%
3 Month-73.06%
6 Month-75.11%
12 Month-68.04%
2 Year-92.33%
3 Year-91.35%
5 Year-99.5%
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)0.01
RSI(14)60.47
LBB0.31
UBB0.33
0.326
+0 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.31%
1 Week1.72%
2 Weeks2.03%
1 Month32.36%
3 Month-73.06%
6 Month-75.11%
12 Month-68.04%
2 Year-92.33%
3 Year-91.35%
5 Year-99.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%4.05%
ATR Inc-73.12%
Range Today0
ADR(20)0.01
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.41
Mansfield-5.65
10 Day High0.33
10 Day Low0.31
20 Day High0.33
20 Day Low0.22
52 Week High1.56
52 Week Low0.22
CS1 End0.32
CR1 StartN/A
Volume & EV
DER(3)1.93%
DER(5)3.26%
Volume852.20K
Volume Incr-55.86%
Vol(5)980.64K
Vol(50)1.50M