ALNYLAM PHARMACEUTICALS INC (ALNY) Technical Analysis
NASDAQ:ALNY • US02043Q1076
Current stock price
ALNY Technical Rating and Analysis
Taking everything into account, ALNY scores 1 out of 10 in our technical rating. ALNY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- 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.
- In the last month ALNY has a been trading in the 299.62 - 335.48 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ALNY has an average volume of 1330740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ALNY outperforms 52% of them, which is more or less in line with the market.
- ALNY is part of the Biotechnology industry. There are 517 other stocks in this industry, ALNY did better than 47% of them.
- ALNY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALNY is lagging the market slightly.
ALNY Weekly and Daily overview Charts
ALNY Setup Rating and Analysis
Although the technical rating is bad, ALNY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 312.16, a Stop Loss order could be placed below this zone.
More info and screens
ALNY Support and Resistance Analysis
303.58
We found 1 important support area.
- A support zone ranging from 306.65 to 312.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 318.86 to 319.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 328.67 to 330.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @482.13 from a horizontal line in the daily time frame.
ALNY Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ALNY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALNY is neutral. |
| ChartMill Relative Strength | 52.82 | NEUTRAL | ALNY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALNY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALNY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ALNY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.98 | NEUTRAL | The RSI value for ALNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.04 | POSITIVE | The MACD value suggests ALNY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.33 | NEUTRAL | The Stochastics value for ALNY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for ALNY suggests some volalility. |
| Average Directional Index/ADX (14) | 18.41 | NEGATIVE | The low ADX value for ALNY suggests a weak or negative trend. |
ALNY Chart- and CandleStick Pattern Analysis
ALNY Technicals: Chart, Performance Metrics, Trend & Indicators
318.85
-9.88 (-3.01%)
ALNYLAM PHARMACEUTICALS INC / ALNY TA FAQ
Can you provide the ChartMill technical rating for ALNYLAM PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 1 / 10 to ALNY.
What is the trend direction for ALNY stock?
The current trend direction for ALNYLAM PHARMACEUTICALS INC (ALNY) is Bearish.
Can you provide the RSI signal for ALNYLAM PHARMACEUTICALS INC?
ALNYLAM PHARMACEUTICALS INC (ALNY) has an RSI value of 46.979. This indicates that the stock is currently neutral.
What is the MACD signal for ALNYLAM PHARMACEUTICALS INC (ALNY) stock?
The MACD indicator for ALNYLAM PHARMACEUTICALS INC (ALNY) has a value of 2.04277, indicating a bullish trend.
What is the support and resistance level for ALNY stock?
ALNYLAM PHARMACEUTICALS INC (ALNY) has a support level at 312.16 and a resistance level at 318.86. Check the full technical report for our detailed analysis of ALNY support and resistance levels.