Taking everything into account, ALLR scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ALLR was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
95% of all other stocks performed better in the past year than ALLR.
ALLR is one of the lesser performing stocks in the Biotechnology industry. 70% of 572 stocks in the same industry do better.
ALLR is currently trading near the lower end of its 52 week range, which is not a good sign. ALLR is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ALLR has a been trading in the 0.68 - 1.14 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.
ALLR has an average volume of 2732250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.