Stock Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
Allakos Inc. (NASDAQ:ALLK)
Long-Term Downtrend (-90) - ALLK is in a strong downtrend that is likely to continue. While ALLK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Nov 23rd, 2021 at 76.42
The intermediate-term trend has been DOWN since Dec 22nd, 2021 at 70.37
The short-term trend has been DOWN since Dec 20th, 2021 at 80.37
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||7.44||52wk Low Date||2022-01-14|
|Average Volume||12,044,771||Shares Outstanding||54,313|