Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ALLK) Allakos Inc complete technical analysis [charts+indicators] | Buy/Sell Allakos Inc | (ALLK) share price targets

Complete technical analysis of Allakos Inc (ALLK) by charts plus indicators, forecast predictions and share price targets for Allakos Inc (ALLK)

Allakos Inc trades in USA in Health Care sector.

Showing technical analysis as on 2024-08-23 View latest technical analysis

10 day averaged volume of Allakos Inc is 246323

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	0.72	0.70	0.74	0.70	0.491 times
22 Thu Aug 2024	0.70	0.74	0.77	0.67	0.543 times
21 Wed Aug 2024	0.75	0.72	0.77	0.69	1.136 times
20 Tue Aug 2024	0.71	0.71	0.75	0.67	1.452 times
19 Mon Aug 2024	0.74	0.67	0.75	0.67	0.548 times
16 Fri Aug 2024	0.69	0.66	0.70	0.63	1.074 times
15 Thu Aug 2024	0.66	0.67	0.68	0.65	1.249 times
14 Wed Aug 2024	0.66	0.68	0.69	0.66	0.777 times
13 Tue Aug 2024	0.68	0.69	0.71	0.66	1.351 times
12 Mon Aug 2024	0.66	0.69	0.69	0.66	0.668 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.7 as stoploss in an intra day buy trade for a target of 0.76. However, stock will show a bearish move below 0.7.

Share price targets for Allakos Inc (ALLK)

Target Type	Value
Downside Target	0.63
Downside Target	0.66
Downside Target	0.71
Upside Target	0.77
Upside Target	0.80
Upside Target	0.86
Upside Target	0.90
Upside Target	0.93
Upside Target	0.95
Upside Target	0.98
Upside Target	1.03
Upside Target	1.06
Upside Target	1.31
Upside Target	1.33
Upside Target	1.51

Intraday share price targets for Allakos Inc (ALLK)

Target Type	Value
Downside Intraday Target	0.67
Downside Intraday Target	0.62
Upside Intraday Target	0.77
Upside Intraday Target	0.82
Upside Intraday Target	0.72

Weekly technical analysis of Allakos Inc (ALLK)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	0.72	0.67	0.77	0.67	0.815 times
16 Fri Aug 2024	0.69	0.69	0.71	0.63	0.823 times
09 Fri Aug 2024	0.66	0.84	0.86	0.66	0.931 times
02 Fri Aug 2024	0.87	0.91	0.96	0.80	0.628 times
26 Fri Jul 2024	0.92	0.69	0.95	0.68	1.434 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Allakos Inc (ALLK)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	0.72	0.89	0.90	0.63	0.377 times
31 Wed Jul 2024	0.90	1.01	1.03	0.68	0.619 times
28 Fri Jun 2024	1.00	1.28	1.33	0.93	1.842 times
31 Fri May 2024	1.25	1.06	1.51	1.06	1.065 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Allakos Inc (ALLK)

Price action analysis of Allakos Inc ( (ALLK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Allakos Inc ( (ALLK) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Allakos Inc ( (ALLK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Allakos Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Allakos Inc in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Allakos Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Allakos Inc in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Allakos Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.7 and Allakos Inc (ALLK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Allakos Inc (ALLK) stock. Volume based technical analysis of Allakos Inc (ALLK) stock is negative.

Allakos Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.