Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Allakos Inc. (NASDAQ:ALLK)
Long-Term Uptrend (+90) - ALLK is in a strong uptrend that is likely to continue. While ALLK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ALLK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALLK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALLK
The long-term trend has been UP since Sep 9th, 2021 at 101.79
The intermediate-term trend has been UP since Oct 14th, 2021 at 110.91
The short-term trend has been UP since Oct 22nd, 2021 at 106.50
Smart Scan Analysis for ALLK
Based on our trend formula, ALLK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||62||Year High Date||2018-11-29|
|Year Low||26||Year Low Date||2018-07-19|
|52wk High||157.98||52wk High Date||2021-02-10|
|52wk Low||75.41||52wk Low Date||2021-07-14|
|Average Volume||169,795||Shares Outstanding||53,996|