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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Alvotech (NASDAQ:ALVO)
Long-Term Uptrend (+90) - ALVO is in a strong uptrend that is likely to continue. While ALVO 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 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 UP since Oct 31st, 2024 at 13.20
The intermediate-term trend has been UP since Dec 16th, 2024 at 12.09
The short-term trend has been UP since Dec 23rd, 2024 at 12.25
Smart Scan Analysis for ALVO
Based on our trend formula, ALVO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.370 | 12.685 | 12.370 | 12.590 | +0.030 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.560 | 27255 | 2024-12-26 13:14:52 |
| 52wk High | 18 | 52wk High Date | 2024-02-26 |
| 52wk Low | 9.15 | 52wk Low Date | 2024-10-17 |
| Average Volume | 145,487 | Shares Outstanding | 226,157 |