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 2024-09-20 View latest technical analysis

10 day averaged volume of Allakos Inc is 374360

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	0.54	0.58	0.59	0.54	2.088 times
19 Thu Sep 2024	0.58	0.56	0.63	0.56	2.71 times
18 Wed Sep 2024	0.54	0.56	0.56	0.54	1.093 times
17 Tue Sep 2024	0.56	0.56	0.59	0.55	0.632 times
16 Mon Sep 2024	0.55	0.61	0.63	0.55	1.035 times
13 Fri Sep 2024	0.60	0.61	0.62	0.58	0.632 times
12 Thu Sep 2024	0.60	0.62	0.63	0.59	0.218 times
11 Wed Sep 2024	0.61	0.60	0.62	0.56	1.322 times
10 Tue Sep 2024	0.60	0.64	0.64	0.59	0.823 times
09 Mon Sep 2024	0.65	0.64	0.68	0.62	0.962 times

Stock of Allakos Inc (ALLK) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.6, but if it comes above 0.6, then a intra day buy could be more profitable.
If you take a sell trade below 0.6, then use 0.6 as stoploss and 0.5 as target. However if you take a buy trade in stock , then use 0.6 as stoploss and 0.64 as target.

Share price targets for Allakos Inc (ALLK)

Target Type	Value
Downside Target	0.54
Upside Target	0.56
Upside Target	0.63
Upside Target	0.65
Upside Target	0.68
Upside Target	0.71
Upside Target	0.74
Upside Target	0.83
Upside Target	0.90
Upside Target	0.93
Upside Target	1.03
Upside Target	1.06
Upside Target	1.33
Upside Target	1.51

Intraday share price targets for Allakos Inc (ALLK)

Target Type	Value
Downside Intraday Target	0.51
Downside Intraday Target	0.48
Upside Intraday Target	0.6
Upside Intraday Target	0.66
Upside Intraday Target	0.57

Weekly technical analysis of Allakos Inc (ALLK)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	0.54	0.61	0.63	0.54	1.91 times
13 Fri Sep 2024	0.60	0.64	0.68	0.56	1.31 times
06 Fri Sep 2024	0.64	0.70	0.72	0.63	6.877 times
30 Fri Aug 2024	0.71	0.72	0.74	0.71	0.061 times
30 Fri Aug 2024	0.71	0.73	0.83	0.65	2.615 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Allakos Inc (ALLK)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	0.54	0.70	0.72	0.54	0.762 times
30 Fri Aug 2024	0.71	0.89	0.90	0.63	0.628 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Allakos Inc ( (ALLK) ) based on a short 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 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.

Allakos Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Allakos Inc in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.58 and Allakos Inc (ALLK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.