ALKT Technical Signal Analysis
ALKT have 3 buy signals and 2 sell signals now. The current trend is consolidation starting from 2025-03-31. The total price change during this trend is +2.55%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of ALKT over last 5 trading day is $26,805,850.79
3 Bullish Signal
2 Bearish Signal
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 > 0
0.79
Bullish
Moving Average
Price crosses above 5-day SMA
--
Bullish
Moving Average
Price crosses above 10-day SMA
--
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-1.61
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.9
Bearish
3 Bullish Signal
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 > 0
0.79
Bullish
Moving Average
Price crosses above 5-day SMA
--
Bullish
Moving Average
Price crosses above 10-day SMA
--
Bullish
ALKT Support and Resistance Level
The support levels for ALKT are at 25.79, 25.19, and 24.22, while the resistance levels are at 27.73, 28.33, and 29.3. With the current stock price at 26.92, it is leaning more toward the resistance levels.
ALKT Technical Analysis
Technical Analysis of ALKT Stock
Current Price and Trend Analysis:
As of the latest data, ALKT closed at $25.26 on 2025-03-14. The stock has shown a +4.24% increase in pre-market trading and a +0.04% change during the regular market session. The volume was 1,859,119, slightly above the recent average.
Key Technical Indicators:
- RSI (14): 29.02 (Oversold territory, indicating potential for a bounce).
- MACD: -2.46 (Bearish momentum, but nearing a potential crossover).
- StochRSI: 24.89 (Also in oversold territory, suggesting a reversal could be imminent).
- Fibonacci Levels:
- Pivot: $26.89
- R1: $29.94
- R2: $31.82
- S1: $23.83
- S2: $21.95
Recent News Impact:
- Upgrade by Stephens: Stephens upgraded ALKT to Overweight with a $40 price target, citing the stock's recent pullback as a favorable entry point .
Conclusion:
Based on the oversold RSI and StochRSI, combined with the positive analyst upgrade, ALKT presents a buying opportunity at current levels. However, be cautious of broader market conditions, as trade tensions and economic uncertainty could impact the stock's performance.
Exact Price: $25.26
Recommendation: Buy
ALKT FAQs
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ALKT Buy or Sell
ALKT has 3 buy signals and 2 sell signals now. Overall the technical rating for ALKT is Neutral.
Neutral
Sell
2
Buy
3
ALKT 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 26.92 above the SMA_5. In the short term, the stock shows a positive trend with the 26.6 above the SMA_20. In the mid term, the stock shows a negative trend with the 26.17 below the SMA_60. In the long term, the stock shows a negative trend with the 31.14 below the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about ALKT's current trend?What are ALKT's key support and resistance levels?