Taking everything into account, ALO scores 10 out of 10 in our technical rating. ALO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that ALO is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by ALO over the past year are nicely spread over this period.
ALO is one of the better performing stocks in the Machinery industry, it outperforms 98% of 104 stocks in the same industry.
ALO is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month ALO has a been trading in the 19.70 - 26.02 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.
ALO has an average volume of 1374000 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.