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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.

NASDAQ_ALVO
Open High Low ALVO Price Change
7.65 9.01 7.65 9.01 +1.30
Entry Signal

MarketClub’s Trade Triangles for ALVO

long term up The long-term trend has been UP since Jun 23rd, 2022 at 11.2918

intermediate term up The intermediate-term trend has been UP since Aug 15th, 2022 at 8.2000

short term up 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).

+100
Smart Scan Analysis for ALVO
Strong Downtrend Sideways 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 High14.0452wk High Date2022-06-16
52wk Low5.252wk Low Date2022-07-15
Average Volume43,980Shares Outstanding226,157
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