Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Alvotech

Alvotech (ALVO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Alvotech.

ALVO●NASDAQ
HealthcareDrug Manufacturers - Specialty & Generic
$3.52
$0.06(1.59%)
U.S. Market is Open · 15:53

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ALVO Technical Analysis Summary

Alvotech stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.12)
Trend Strength:Weak (ADX: 12.22)
Volatility:High (ATR: 0.20)
Support/Resistance:$3.21 – $3.79 (Bollinger Bands)

Overall, Alvotech remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 46.12

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 30.26

Bearish
Momentum remains weak below midpoint.

Williams %R: -68.42

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -7.80

Strongly Bearish
Sharp downside momentum.

Takeaway:Alvotech shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 12.22

Weak
Weak trend, market trading sideways.

ATR (14): 0.20

Low
Low volatility, stable price action.

CCI (14): -14.62

Neutral
Neutral, no strong directional signal.

Takeaway:Alvotech shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.79
Middle Band (SMA 20)
$3.50
Lower Band
$3.21
Current Position
Within Bands

Takeaway:Alvotech trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$3.89
Middle Line (EMA 20)
$3.49
Lower Channel
$3.10
Squeeze Status
Squeeze On

Takeaway:Alvotech trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-7.91M
Money Flow Index38.17Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.58Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ALVO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Alvotech, here are the key trading signals and recommendations:

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Alvotech shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ