Taking everything into account, ALOT scores 0 out of 10 in our technical rating. ALOT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, ALOT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
7.60
When analyzing the resistance we notice 3 important areas.
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 ALOT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALOT is down. |
| ChartMill Relative Strength | 10.02 | NEGATIVE | ALOT has a low relative strength, it was outperformed by 89.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALOT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALOT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALOT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.7 | NEUTRAL | The RSI value for ALOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ALOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.9 | NEUTRAL | The Stochastics value for ALOT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for ALOT suggests high volalility. |
| Average Directional Index/ADX (14) | 37.93 | POSITIVE | The high ADX value value for ALOT suggests a strong trend. |
7.68
-0.05 (-0.65%)
ChartMill assigns a technical rating of 0 / 10 to ALOT.
The current trend direction for ASTRONOVA INC (ALOT) is Bearish.
ASTRONOVA INC (ALOT) has an RSI value of 44.7011. This indicates that the stock is currently neutral.
The short term momentum for ASTRONOVA INC (ALOT) is negative.
ASTRONOVA INC (ALOT) has a resistance level at 7.97. Check the full technical report for our detailed analysis of ALOT support and resistance levels.