The Battle Of Translate Bio, Inc. ($TBIO) And Allena Pharmaceuticals, Inc. ($ALNA)

2019-08-20 | Welcome! Today we compared how two different stocks in the Biotechnology: Biological Products (No Diagnostic Substances) industry are trading: Translate Bio, Inc. and Allena Pharmaceuticals, Inc.. 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, Translate Bio, Inc. opened at 8.26, got to a maximum price of 8.52 and dropped to as low as 8.08 before finishing the session at 8.14. In total there were 110300 shares traded, which is enough to conduct our analysis. Compare that now to Allena Pharmaceuticals, Inc., which opened at 3.87, had a high of 4.0, a low of 3.821, closed at 3.93 and had a total volume of 69200.

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 Translate Bio, Inc. Allena Pharmaceuticals, Inc.
Accumulation-distribution index 31.75632 11.98595
on-balance volume -8.13 -3.82
chaikin money flow

2.38462 1.75385
force index

0.052 0.00793
ease of movement rating

0.00863 0.00118
volume-price trend

-1.33155 -0.86776
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 Translate Bio, Inc. Allena Pharmaceuticals, Inc.
Average true range 0.4808 0.26855
Bolinger bands 8.29027 3.84934
Upper bollinger band 7.63973 3.76166
Lower bollinger band

8.08 3.821
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

nan nan
Central keltner channel

8.28667 3.897
High band keltner channel

8.02667 3.767
Low band keltner channel

8.54667 4.027
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

8.08 3.821
Donchain channel low band

8.08 3.821
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 Translate Bio, Inc. Allena Pharmaceuticals, Inc.
Moving Average Convergence Divergence (MACD) trend_macd -0.0007
MACD signal -0.00287 -0.00039
MACD difference -0.00229 -0.00031
fast Exponential Moving Average (EMA) indicator

8.08 3.821
slow Exponential Moving Average (EMA) indicator

8.08 3.821
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

0.87628 0.24274

-11.99201 -14.00806
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

1.5881 1.12883
KST Oscillator (KST)

-164.26194 -228.05461
KST Oscillator (KST Signal)

-164.26194 -228.05461
KST difference

-5.94739 -1.56571
Ichimoku rating

8.39 3.935
Ichimoku B rating

8.39 3.935
Ichimoku visual trend A

10.11214 5.03612
Ichimoku visual trend B

10.14699 4.77617
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 Translate Bio, Inc. Allena Pharmaceuticals, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 25.01489 26.13464
True Strength Index (TSI) -100.0 -100.0
ultimate oscillator

-38.32415 -18.84544
stochastic oscillator

169.23077 137.69231
stochastic oscillator signal

169.23077 137.69231
Williams %R rating

69.23077 37.69231
awesome oscillator

-0.0305 0.01399

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Translate Bio, Inc. and Allena Pharmaceuticals, Inc..

Daily return -16.42619 -22.80546
Daily log return -2.88783 -0.81461
Cumulative return -2.84653 -0.81131

So there you have it: our deep, grueling analysis comparing Translate Bio, Inc. and Allena Pharmaceuticals, Inc. 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 Translate Bio, 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 TBIO is strong or weak. Again – this is not a reliable indication of whether Translate Bio, 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 Allena Pharmaceuticals, Inc.

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.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.
Gary Ivenchuck

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