2019-12-10 | Welcome! Today we compared how two different stocks in the Biotechnology: Biological Products (No Diagnostic Substances) industry are trading: Alector, Inc. and CRISPR Therapeutics AG. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Alector, Inc. opened at 19.59, got to a maximum price of 20.02 and dropped to as low as 19.5 before finishing the session at 19.63. In total there were 154915 shares traded, which is enough to conduct our analysis. Compare that now to CRISPR Therapeutics AG, which opened at 67.19, had a high of 68.99, a low of 66.31, closed at 67.45 and had a total volume of 787648.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Alector, Inc. CRISPR Therapeutics AG
Accumulation-distribution index 128.6589 16253.95111
on-balance volume -19.63 67.45
chaikin money flow

1.4186 1.97778
force index

0.0026 20.9592
ease of movement rating -0.02705 -0.00363
volume-price trend 3.45791 25.40743
negative volume index 1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Alector, Inc. CRISPR Therapeutics AG
Average true range 0.68924 1.52525
Bolinger bands 19.78341 67.64995
Upper bollinger band 18.90659 65.67005
Lower bollinger band

19.5 66.31
Bollinger high band indicator 1.0 1.0
Bollinger high low indicator 1.0 nan
Central keltner channel 19.70333 67.49667
High band keltner channel 19.27333 65.69667
Low band keltner channel

20.13333 69.29667
High band keltner channel indicator 1.0 1.0
Low band keltner channel indicator 1.0 1.0
Donchain channel high band 19.5 66.31
Donchain channel low band 19.5 66.31
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator 1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Alector, Inc. CRISPR Therapeutics AG
Moving Average Convergence Divergence (MACD) trend_macd 0.01571
MACD signal -0.00386 0.00873
MACD difference -0.00309 0.00698
fast Exponential Moving Average (EMA) indicator 19.5 66.31
slow Exponential Moving Average (EMA) indicator 19.5 66.31
Average Directional Movement Index (ADX)

unknown unknown
ADX positive 20.0 20.0
ADX negative 20.0 20.0
positive Vortex Indicator (VI) 1.0 1.0
negative VI 1.0 1.0
trend vortex difference

0.88206 0.04243
trix 16.23832 27.14468
Mass Index (MI) 1.0 1.0
Commodity Channel Index (CCI) 66.66667 66.66667
Detrended Price Oscillator (DPO) -2.89017 -18.08311
KST Oscillator (KST)

174.00387 374.9591
KST Oscillator (KST Signal) 174.00387 374.9591
KST difference -4.66591 3.62868
Ichimoku rating 19.805 68.09
Ichimoku B rating 19.805 68.09
Ichimoku visual trend A

17.50905 51.9776
Ichimoku visual trend B 17.88015 55.00719
Aroon Indicator (AI) 4.0 4.0
AI indicator down 4.0 4.0
AI difference -4.0 4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Alector, Inc. CRISPR Therapeutics AG
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 100.0
True Strength Index (TSI) 100.0 100.0
ultimate oscillator 96.98004 95.35941
stochastic oscillator 120.93023 148.88889
stochastic oscillator signal 120.93023 148.88889
Williams %R rating 20.93023 48.88889
awesome oscillator

0.02131 0.73617

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Alector, Inc. and CRISPR Therapeutics AG.

Daily return 17.40039 37.49591
Daily log return -1.60252 1.05011
Cumulative return -1.58974 1.05565

So there you have it: our deep, grueling analysis comparing Alector, Inc. and CRISPR Therapeutics AG together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Alector, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether ALEC is strong or weak. Again – this is not a reliable indication of whether Alector, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with CRISPR Therapeutics AG

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.



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