EPA:3LAM - Euronext Paris - Matif -
Overall 3LAM gets a technical rating of 3 out of 10. Although 3LAM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of 3LAM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
0.49
We found 2 important support areas.
We can see 2 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for 3LAM.PA is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3LAM.PA is down. |
ChartMill Relative Strength | 81.57 | POSITIVE | 3LAM.PA has a high relative strength, it outperformed 81.57% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of 3LAM.PA is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 3LAM.PA is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3LAM.PA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 46.9 | NEUTRAL | The RSI value for 3LAM.PA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests 3LAM.PA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 6 | OVERSOLD | The low Stochastics value suggests 3LAM.PA may be oversold. |
Average True Range in percent/ATR (20) | 8.63 | HIGH VOLATILITY | The high ATR as a percentage value for 3LAM.PA suggests high volalility. |
Average Directional Index/ADX (14) | 12.45 | NEGATIVE | The low ADX value for 3LAM.PA suggests a weak or negative trend. |