Alnylam Pharmaceuticals Inc. stock trades under the ticker ALNY & closed for trading at $192.68/share on 10/1/2021.
ALNY is in the biotechnology industry, and has shown recent strength making it worth taking a closer look at for traders & investors.
Alnylam Pharmaceuticals Inc. ALNY Stock Technical Performance
ALNY Stock Price: $192.68
10 Day Moving-Average: $185.40
50 Day Moving-Average: $191.35
200 Day Moving-Average: $160.52
RSI: 53.7
MACD: -1.648
On Friday, ALNY completed a bullish MACD crossover, while also bullishly crossing their 10 & 50 Day Moving Averages.
They look to have more momentum to climb higher as the 10 Day is also about to cross the 50 Day MA as well.
With a neutral RSI, there looks to be more positive growth in store for ALNY stock in the near-term.
Alnylam Pharmaceuticals Inc. ALNY Stock As A Long-Term Investment
Long-term oriented investors may find ALNY appealing as an investment.
ALNY has $1.9B in Total Cash (mrq), with only $761M in Total Debt (mrq), which is good.
They also have 96% Institutional Investors, which some investors like.
ALNY does not offer a dividend.
Alnylam Pharmaceuticals Inc ALNY Stock As A Short-Term Trade Using Options
Short-term oriented traders may want to use options in order to take advantage of ALNY’s recent momentum, while hedging off recent market volatility.
I am looking at the $190 & $195 calls with the 10/15 expiration date.
For puts, I am looking at the $200 & $210 strike price contracts, even though they are relatively illiquid with low open interest.
Tying It All Together
All-in-all, ALNY stock looks to have many advantages that traders & investors will both like.
With their recent strength, there looks to be more bullishness in the near-term for ALNY stock.
Larger money managers like ALNY in the long-term as well, which some investors take as a sign of strength as well.
Overall, ALNY stock is worth taking a closer look at for traders & investors alike.
*** I DO NOT OWN SHARES OF ALNY STOCK ***