ALTO INGREDIENTS INC (ALTO) Stock Technical Analysis
NASDAQ:ALTO - Nasdaq - US0215131063 - Common Stock - Currency: USD
Taking everything into account, ALTO scores 1 out of 10 in our technical rating. ALTO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
78% of all other stocks performed better in the past year than ALTO.
ALTO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ALTO is an average performer in the Chemicals industry, it outperforms 40% of 85 stocks in the same industry.
In the last month ALTO has a been trading in the 1.28 - 1.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ALTO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.26
1.85
We found 2 important support areas.
- A support zone ranging from 1.43 to 1.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.27 to 1.28. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.58 to 1.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.70 from a horizontal line in the weekly time frame.
- Resistance @1.73 from a trend line in the weekly time frame.
- Resistance @1.79 from a trend line in the weekly time frame.
- Resistance @1.83 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.43
Mansfield-1.07
10 Day High1.89
10 Day Low1.29
20 Day High1.89
20 Day Low1.29
52 Week High2.4
52 Week Low1.18
Performance
1 Week-6.83%
2 Weeks-11.76%
1 Month-4.46%
3 Month0%
6 Month4.9%
12 Month-30.88%
2 Year0%
3 Year-78.01%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)44.09
LBB1.38
UBB1.87
1.5
-0.07 (-4.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-4.46%
1 Week-6.83%
2 Weeks-11.76%
1 Month-4.46%
3 Month0%
6 Month4.9%
12 Month-30.88%
2 Year0%
3 Year-78.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%8.6%
ATR Inc92.36%
Range Today0.14
ADR(20)0.13
ADR(20)%8.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.43
Mansfield-1.07
10 Day High1.89
10 Day Low1.29
20 Day High1.89
20 Day Low1.29
52 Week High2.4
52 Week Low1.18
CS1 End1.45
CR1 Start1.58
Volume & EV
DER(3)8.43%
DER(5)8.03%
Volume847.70K
Volume Incr9.16%
Vol(5)697.06K
Vol(50)681.87K