ALE Technical Signal Analysis
ALE have 3 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-03-19. The total price change during this trend is +0.06%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of ALE over last 5 trading day is $15,411,904.20
3 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.09
Bullish
Momentum (10 days)
MOM_10 > 0
0.07
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.05
Bullish
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 > 80
80.29
Bearish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
104.09
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 80
85.51
Bearish
Williams %R (14 days)
WILLR_14 > -20
-15.05
Bearish
3 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.09
Bullish
Momentum (10 days)
MOM_10 > 0
0.07
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.05
Bullish
ALE Support and Resistance Level
The support levels for ALE are at 65.39, 65.26, and 65.05, while the resistance levels are at 65.8, 65.93, and 66.13. With the current stock price at 65.71, it is leaning more toward the resistance levels.
ALE Technical Analysis
Technical Analysis of ALE Stock
Current Price and Trends:
- Close Price: 65.64
- Volume: 289,405
- The stock is trading near its support level of 65.03, with resistance at 65.73.
Technical Indicators:
- RSI: 62.55 (RSI_6), 55.10 (RSI_12), 54.41 (RSI_14) - Neutral, not overbought or oversold.
- Stochastic Oscillator: K at 55.31, D at 39.42 - Neutral zone.
- MACD: Slightly bearish but close to zero, indicating weak momentum.
- Bollinger Bands: Price near the lower band, suggesting potential undervaluation.
Fibonacci Levels:
- Resistance: 65.73
- Support: 65.03
- Pivot Point: 65.38
News Impact:
- Expected acquisition at $67 per share in mid-2025, which could drive the price up.
Conclusion:
The stock is near a support level with potential upside due to the acquisition. It is a BUY at the current price, targeting the resistance level or higher if the acquisition proceeds.
ALE FAQs
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How reliable is technical analysis?
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Is ALE a buy based on overall technical signals summary?
ALE Buy or Sell
ALE has 3 buy signals and 4 sell signals now. Overall the technical rating for ALE is Neutral.
Neutral
Sell
4
Buy
3
ALE Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 65.71 above the SMA_5. In the short term, the stock shows a positive trend with the 65.63 above the SMA_20. In the mid term, the stock shows a positive trend with the 65.51 above the SMA_60. In the long term, the stock shows a positive trend with the 65.5 above the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about ALE's current trend?What are ALE's key support and resistance levels?