Alx Oncology Holdings Stock Forecast

Sell candidate since May 29, 2026 Loss -12.11%

The ALX Oncology Holdings Inc. stock price fell by -6.18% on the last day (Wednesday, 3rd Jun 2026) from $1.78 to $1.67. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 7.78% from a day low at $1.67 to a day high of $1.80. The price has fallen in 6 of the last 10 days and is down by -14.8% 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 -151 thousand shares and in total, 708 thousand shares were bought and sold for approximately $1.18 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -10.81% during the next 3 months and, with a 90% probability hold a price between $1.33 and $1.80 at the end of this 3-month period.

ALXO Signals & Forecast

There are few to no technical positive signals at the moment. The ALX Oncology Holdings Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $1.85 and $1.84. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 06, 2026, and so far it has fallen -20.10%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 for ALX Oncology Holdings Inc. stock

ALX Oncology Holdings Inc. finds support from accumulated volume at $1.64 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.130 between high and low, or 7.78%. For the last week the stock has had daily average volatility of 6.17%.

ALX Oncology Holdings Inc. is oversold on RSI14 (15). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

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

Trading Expectations (ALXO) For The Upcoming Trading Day Of Thursday 4th

For the upcoming trading day on Thursday, 4th we expect ALX Oncology Holdings Inc. to open at $1.71, and during the day (based on 14 day Average True Range), to move between $1.61 and $1.73, which gives a possible trading interval of +/-$0.127 (+/-7.91%) up or down from last closing price. If ALX Oncology Holdings Inc. takes out the full calculated possible swing range there will be an estimated 7.91% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $1.70 (1.80%) than the support at $1.64 (1.80%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is ALX Oncology Holdings Inc. stock A Buy?

ALX Oncology Holdings Inc. 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -5.224 Strong Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $1.71 ( 2.59%).

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