ALVOTECH SA (ALVO) Stock Technical Analysis
NASDAQ:ALVO - Nasdaq - LU2458332611 - Common Stock - Currency: USD
Overall ALVO gets a technical rating of 0 out of 10. ALVO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
88% of all other stocks performed better in the past year than ALVO.
ALVO 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.
In the last month ALVO has a been trading in the 7.35 - 11.70 range, which is quite wide. It is currently trading near the lows of this range.
ALVO is part of the Biotechnology industry. There are 568 other stocks in this industry, ALVO did better than 47% of them.
Considerably lower volume is observed in the last couple of days.
ALVO has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
8.20
13.28
We found 1 important support area.
- Support @8.28 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.80 to 8.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 10.55 to 10.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.70 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.99 to 13.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.67
Mansfield-2.69
10 Day High8.98
10 Day Low7.35
20 Day High11.7
20 Day Low7.35
52 Week High14.76
52 Week Low7.35
Performance
1 Week-2.79%
2 Weeks3.72%
1 Month-28.3%
3 Month-35.64%
6 Month-36.09%
12 Month-40.92%
2 Year-14.69%
3 YearN/A
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)0.05
RSI(14)34.16
LBB7.89
UBB9.06
8.36
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-2.79%
2 Weeks3.72%
1 Month-28.3%
3 Month-35.64%
6 Month-36.09%
12 Month-40.92%
2 Year-14.69%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%6.99%
ATR Inc-50.39%
Range Today0.41
ADR(20)0.55
ADR(20)%6.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.67
Mansfield-2.69
10 Day High8.98
10 Day Low7.35
20 Day High11.7
20 Day Low7.35
52 Week High14.76
52 Week Low7.35
CS1 End8.28
CR1 Start8.8
Volume & EV
DER(3)-5.62%
DER(5)-3.78%
Volume97.50K
Volume Incr-54.92%
Vol(5)73.04K
Vol(50)129.23K