(3LAM.PA) Stock Technical Analysis
EPA:3LAM - Euronext Paris - Matif -
We assign a technical rating of 3 out of 10 to 3LAM. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
3LAM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month 3LAM has a been trading in the 0.66 - 0.95 range, which is quite wide. It is currently trading near the lows of this range.
Warning: 3LAM has an average volume of 16950 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that 3LAM is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
0.49
1.19
We found 2 important support areas.
- Support @0.65 from a horizontal line in the daily time frame.
- A support zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @0.82 from a trend line in the weekly time frame.
- Resistance @1.18 from a trend line in the daily time frame.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg8.2%
1 Week-1.16%
2 Weeks-24.37%
1 Month1.79%
3 Month-17.57%
6 Month-30.38%
12 Month28.09%
2 Year230.82%
3 Year-87.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%8.63%
ATR Inc-39.73%
Range Today0.05
ADR(20)0.02
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.57
Mansfield-4.29
10 Day High0.95
10 Day Low0.66
20 Day High0.95
20 Day Low0.66
52 Week High3.63
52 Week Low0.38
CS1 End0.65
CR1 Start0.82
Volume & EV
DER(3)0%
DER(5)0%
Volume6.91K
Volume Incr36.89%
Vol(5)6.46K
Vol(50)16.95K