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Is ALXO building bearish momentum? Bearish Engulfing shows up after tumbling 6.42%

ALX Oncology Holdings Inc. (ALXO) — SwingTradeBot Technical Analysis Report · Sep 29, 2025, 20:06 ET
ALXO closed down 6.42% on Monday, September 29th, with volume running 0.4× below average. Multiple bearish signals emerged — Bearish Engulfing and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 1.68, 1.61 & 1.5, with resistance at 1.86, 1.97 & 2.04. Technical indicators like Slow Stochastic reveal overbought momentum right now.

Current SwingTradeBot Technical Rating of ALXO: C

This might just be the start. See what else showed up for ALXO today.

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ALX Oncology Holdings Inc. (ALXO)