We assign a technical rating of 8 out of 10 to ALTD. ALTD 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.
ALTD is currently trading near the lower end of its 52 week range, which is not a good sign. ALTD is lagging the S&P500 Index which is trading in the middle of its 52 week range.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ALTD has a been trading in the 0.01 - 0.07 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.
ALTD has an average volume of 15186900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ALTD is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ALTD is an average performer in the Aerospace & Defense industry, it outperforms 54% of 38 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.