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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Alector, Inc. (NASDAQ:ALEC)

Long-Term Downtrend (-90) - ALEC is in a strong downtrend that is likely to continue. While ALEC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ALEC?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALEC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ALEC
Open High Low ALEC Price Change
5.17 5.30 5.08 5.20 -0.10
Entry Signal

MarketClub’s Trade Triangles for ALEC

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 5.49

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 6.05

short term down The short-term trend has been DOWN since May 7th, 2024 at 5.19

Smart Scan Analysis for ALEC

Based on our trend formula, ALEC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ALEC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.17 5.30 5.08 5.20 -0.10
Prev. Close Volume Bid Ask Time
5.19 226676 2024-05-08 15:59:45
52wk High9.06552wk High Date2023-08-04
52wk Low3.6652wk Low Date2023-11-16
Average Volume573,969Shares Outstanding95,749
Market Cap1,362MAssets621,827,000M
Liabilities487,669,000MP/E Ratio21.9744
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