ALVOTECH SA (ALVO) Stock Technical Analysis
NASDAQ:ALVO - Nasdaq - LU2458332611 - Common Stock - Currency: USD
Overall ALVO gets a technical rating of 1 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.
When comparing the yearly performance of all stocks, ALVO is a bad performer in the overall market: 78% of all stocks are doing better.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ALVO is part of the Biotechnology industry. There are 572 other stocks in this industry, ALVO did better than 63% of them.
ALVO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALVO is lagging the market.
In the last month ALVO has a been trading in the 11.61 - 13.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALVO has a poor technical rating and the quality of the setup is also not perfect 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
10.64
13.67
3 important support areas can be observed.
- Support @11.98 from a trend line in the weekly time frame.
- Support @11.69 from a trend line in the daily time frame.
- A support zone ranging from 10.75 to 10.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.50 to 12.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.99 to 13.53. 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
CRS22.45
Mansfield-1.09
10 Day High13.08
10 Day Low11.61
20 Day High13.26
20 Day Low11.61
52 Week High18
52 Week Low9.15
Performance
1 Week-3.91%
2 Weeks-4.44%
1 Month-6.4%
3 Month2.42%
6 Month3.28%
12 Month-23.39%
2 Year-11.34%
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)-0.09
RSI(14)44.77
LBB11.75
UBB13.28
12.28
+0.58 (+4.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.96%
1 Week-3.91%
2 Weeks-4.44%
1 Month-6.4%
3 Month2.42%
6 Month3.28%
12 Month-23.39%
2 Year-11.34%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%3.42%
ATR Inc11.81%
Range Today0.36
ADR(20)0.36
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.45
Mansfield-1.09
10 Day High13.08
10 Day Low11.61
20 Day High13.26
20 Day Low11.61
52 Week High18
52 Week Low9.15
CS1 End11.98
CR1 Start12.5
Volume & EV
DER(3)-6.68%
DER(5)-5.46%
Volume189.00K
Volume Incr-14.93%
Vol(5)165.88K
Vol(50)178.03K