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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Alvotech (NASDAQ:ALVO)
Strong Downtrend (-100) - ALVO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ALVO continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ALVO?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALVO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ALVO
The long-term trend has been DOWN since Apr 2nd, 2024 at 11.26
The intermediate-term trend has been DOWN since Jun 18th, 2024 at 13.47
The short-term trend has been DOWN since Jul 17th, 2024 at 11.84
Smart Scan Analysis for ALVO
Based on our trend formula, ALVO is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.42 | 11.83 | 11.11 | 11.60 | +0.31 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.29 | 179817 | 2024-07-26 15:59:51 |
| 52wk High | 18 | 52wk High Date | 2024-02-26 |
| 52wk Low | 8.29 | 52wk Low Date | 2023-09-14 |
| Average Volume | 72,242 | Shares Outstanding | 226,157 |