Aeluma, Inc. (ALMU)

Aeluma, Inc. is trading at $15.82, down 1.56% on the session. The 50 day average sits at $19.33 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 53.8, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $14.15 with resistance near $18.94, so that band frames the current range. Average daily movement is roughly $1.54, or about 9.7% of the share price, which is what any stop placement has to allow for. The overall health score of 39 out of 100 combines a trend score of 25, momentum of 76 and a risk score of 10.

Aeluma, Inc. develops optoelectronic and electronic devices for sensing, communication, and computing applications in the United States. The company produces semiconductor materials and chips using compound semiconductors on diameter substrates that are used to manufacture mass market microelectronics. Its products are used in mobile, automotive, AI, defense and aerospace, communication, AR/VR, high-performance commuting, and quantum computing applications, as well as other electronic and optoelectronic devices, including lasers, transistors, and solar cells. Aeluma, Inc. was founded in 2019 and is headquartered in Goleta, California.