Albireo Pharma, Inc. ($ALBO) And MannKind Corporation ($MNKD) Square Off

2019-08-16 | Welcome! Today we compared how two different stocks in the Major Pharmaceuticals industry are trading: Albireo Pharma, Inc. and MannKind Corporation. 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, Albireo Pharma, Inc. opened at 23.54, got to a maximum price of 23.75 and dropped to as low as 20.16 before finishing the session at 22.22. In total there were 85700 shares traded, which is enough to conduct our analysis. Compare that now to MannKind Corporation, which opened at 1.07, had a high of 1.07, a low of 1.02, closed at 1.04 and had a total volume of 3115500.

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 Albireo Pharma, Inc. MannKind Corporation
Accumulation-distribution index 776.70905 7.43333
on-balance volume 23.53 1.06
chaikin money flow

33.19048 1.72897
force index

0.837 0.0049
ease of movement rating

0.02238 -0.00027
volume-price trend

-7.57456 -0.20393
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 Albireo Pharma, Inc. MannKind Corporation
Average true range 0.98162 0.06097
Bolinger bands 23.931 1.07743
Upper bollinger band 18.359 0.99257
Lower bollinger band

20.16 1.02
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 nan
Central keltner channel

22.48333 1.05333
High band keltner channel

22.27333 1.05333
Low band keltner channel

22.69333 1.05333
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

20.16 1.02
Donchain channel low band

20.16 1.02
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 Albireo Pharma, Inc. MannKind Corporation
Moving Average Convergence Divergence (MACD) trend_macd 0.00067
MACD signal 0.02455 0.00037
MACD difference 0.01964 0.0003
fast Exponential Moving Average (EMA) indicator

20.16 1.02
slow Exponential Moving Average (EMA) indicator

20.16 1.02
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

0.19732 0.07191
trix

-29.26682 -11.72089
Mass Index (MI)

1.0 2.44
Commodity Channel Index (CCI)

66.66667 66.66667
Detrended Price Oscillator (DPO)

10.48998 0.26171
KST Oscillator (KST)

-342.25082 -204.18629
KST Oscillator (KST Signal)

-342.25082 -204.18629
KST difference

16.06853 5.85157
Ichimoku rating

23.645 1.07
Ichimoku B rating

23.645 1.07
Ichimoku visual trend A

31.08027 1.29168
Ichimoku visual trend B

29.63698 1.2371
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 Albireo Pharma, Inc. MannKind Corporation
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 51.86844 51.33134
True Strength Index (TSI) -100.0 -100.0
ultimate oscillator

-52.02913 -23.61755
stochastic oscillator

1709.52381 50.0
stochastic oscillator signal

1709.52381 50.0
Williams %R rating

1609.52381 -50.0
awesome oscillator

0.02204 0.01067

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Albireo Pharma, Inc. and MannKind Corporation.

Daily return -34.22508 -20.41863
Daily log return 9.32337 2.89875
Cumulative return 9.77183 2.94118

So there you have it: our deep, grueling analysis comparing Albireo Pharma, Inc. and MannKind Corporation 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 Albireo Pharma, 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 ALBO is strong or weak. Again – this is not a reliable indication of whether Albireo Pharma, 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 MannKind Corporation

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.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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