Alkami Technology, Inc. (ALKT)

Alkami Technology, Inc. is trading at $12.40, down 2.29% on the session. The 50 day average sits at $17.10 and the 200 day at $17.38, which puts the stock in a downtrend. RSI is at 53.3, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $13.55 with resistance near $20.50, so that band frames the current range. Average daily movement is roughly $0.66, or about 5.3% of the share price, which is what any stop placement has to allow for. The overall health score of 43 out of 100 combines a trend score of 3, momentum of 77 and a risk score of 58.

Alkami Technology, Inc. provides a cloud-based digital sales and service platform for financial institutions in the United States. The company offers the Alkami digital sales & service platform, which includes the Alkami digital banking platform, onboarding & account opening, and data & marketing modules. Its solutions enable financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of proprietary, cloud-based, and multi-tenant architecture. It serves community, regional, super-regional credit unions, and banks. The company was founded in 2009 and is based in Plano, Texas.