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Allot Communications Ltd. Stock Forecast NASDAQ:ALLT

$10.62 (-3.63%)

Volume: 98k

Closed: Dec 03, 2021

Hollow Logo Score: -4.832

Allot Communications Ltd. Stock Forecast

$10.62 (-3.63%)

Volume: 98k

Closed: Dec 03, 2021

Score Hollow Logo -4.832
Which way will ALLT go? Request
Key Stats
P/E Ratio -29.61
Beta 1.76
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] The Allot Communications Ltd. stock currently holds an RSI14 at 23 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Red day on Friday for Allot Communications Ltd. stock after losing 3.63%
(Updated on Dec 03, 2021)

Sell candidate since 2021-12-03

The Allot Communications Ltd. stock price fell by -3.63% on the last day (Friday, 3rd Dec 2021) from $11.02 to $10.62. During the day the stock fluctuated 5.71% from a day low at $10.50 to a day high of $11.10. The price has fallen in 7 of the last 10 days and is down by -11.87% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -17 thousand shares and in total, 98 thousand shares were bought and sold for approximately $1.04 million.

The stock has broken the very wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($10.77) are considered to be a "second chance" to get out. According to the fan-theory $7.02 will represent the new bottom line of the next trend, but it is far too early to say this for certain.

Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Allot Communications Ltd. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $11.24 and $13.32. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, November 08, 2021, and so far it has fallen -32.70%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.60 between high and low, or 5.71%. For the last week the stock has had a daily average volatility of 4.91%.

Allot Communications Ltd. is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Allot Communications Ltd. stock A Buy?

Allot Communications Ltd. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.832

Predicted Opening Price for Allot Communications Ltd. of Monday, December 6, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 6, 2021 Current price
$10.74 $10.62 (Undervalued)
Sell Candidate Unchanged

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Analyst Ratings

On Nov 11, 2021 "Bank of America" gave "$21.00 - $14.00" rating for ALLT. The price target was changed from $12.32 to 3.8%.

Volatility and Risk
Daily Average Volatility: 4.91 %
Overall Risk: Very High High Medium Low Very Low
4.91 %
Daily Average Volatility
Overall Risk

Very High
Very Low

Support & Resistance

Resistance: $11.91
Price: $10.62
No Support Found

ALLT Insider Trading Show all Trades



Last 6 transactions
Buy: 0 | Sell: 509 000 (Shares)
Date Action Amount Person Type
Jun 07, 2007 Sell 16 550 Gemini Israel Funds Ltd. Ordinary Shares
Jun 06, 2007 Sell 27 450 Gemini Israel Funds Ltd. Ordinary Shares
Jun 05, 2007 Sell 100 000 Gemini Israel Funds Ltd. Ordinary Shares
Jun 04, 2007 Sell 100 000 Gemini Israel Funds Ltd. Ordinary Shares
May 30, 2007 Sell 115 000 Gemini Israel Funds Ltd. Ordinary Shares
Show all Insider Trades


Last 6 transactions
Buy: 0 | Sell: 509 000 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 11.34 6.78 %
11.11 4.62 %
10.97 3.29 %
Current price: 10.62
Support 10.51 -1.03 %
10.37 -2.36 %
10.14 -4.52 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 13.02 22.60 %
12.32 16.01 %
11.91 12.15 %
Current price 10.62
Support 0 .
0 .
0 .

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About Allot Communications Ltd.

Allot Communications Ltd Allot Communications Ltd. provides security and monetization solutions to protect and personalize digital experience worldwide. The company offers various platforms, including Allot Service Gateway 9500, Allot Service Gateway Tera, Allot Service Gateway, and Allot NetEnforcer for in-line deployment in traditional and virtualized network access infrastructure. It also provides subscriber management platforms, such as Allot TierManager, Allot Quota... Read more

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