ALVOW Stock Summary and Trading Ideas (Alvotech - Warrant | :ALVOW)

Alvotech - Warrant trades on the stock market under the symbol ALVOW.

As of April 23, 2024, ALVOW stock price was flat at $3.40 with million shares trading.

ALVOW has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

ALVOW has outperformed the market in the last year with a price return of +129.7% while the SPY ETF gained +24.1%. However, in the short term, ALVOW had mixed performance relative to the market. It has underperformed in the last 3 months, returning +3.3% vs +4.7% return in SPY. But in the last 2 weeks, ALVOW shares have fared better than the market returning +4.6% compared to SPY -2.7%.

ALVOW support price is $2.84 and resistance is $3.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALVOW stock will trade within this expected range on the day.