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Stock Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Alvotech (NASDAQ:ALVO)
Strong Uptrend (+100) - ALVO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ALVO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Jun 23rd, 2022 at 11.2918
The intermediate-term trend has been UP since Aug 15th, 2022 at 8.2000
The short-term trend has been UP since Aug 8th, 2022 at 7.6900
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 |
|---|---|---|---|---|
| 7.65 | 9.01 | 7.65 | 9.01 | +1.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.14 | 35422 | 2022-08-15 15:59:50 |
| 52wk High | 14.04 | 52wk High Date | 2022-06-16 |
| 52wk Low | 5.2 | 52wk Low Date | 2022-07-15 |
| Average Volume | 43,980 | Shares Outstanding | 226,157 |