ALFEN N.V. (703.DE) Technical Analysis
FRA:703 • NL0012817175
8.886 EUR
+0.21 (+2.4%)
Last: Mar 12, 2026, 07:00 PM
Taking everything into account, 703 scores 0 out of 10 in our technical rating. 703's overall performance in the market is below average. Also 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.
- 92% of all other stocks performed better in the past year than 703.
- 703 is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so 703 is lagging the market.
- 703 is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: 703 has an average volume of 957 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 703 is an average performer in the Electrical Equipment industry, it outperforms 47% of 73 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, 703 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
8.80
11.83
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 8.93 to 8.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.46 from a trend line in the weekly time frame.
- Resistance @10.79 from a horizontal line in the daily time frame.
- Resistance @11.28 from a trend line in the daily time frame.
- Resistance @11.71 from a horizontal 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 703.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 703.DE is down. |
| ChartMill Relative Strength | 8.38 | NEGATIVE | 703.DE has a low relative strength, it was outperformed by 91.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 703.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 703.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 703.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.71 | NEUTRAL | The RSI value for 703.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests 703.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.23 | OVERSOLD | The low Stochastics value suggests 703.DE may be oversold. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for 703.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 32.29 | POSITIVE | The high ADX value value for 703.DE suggests a strong 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)
703.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:703 (3/12/2026, 7:00:00 PM)
8.886
+0.21 (+2.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg2.4%
1 Week2.88%
2 Weeks0.18%
1 Month-18.85%
3 Month-12.31%
6 Month-4.27%
12 Month-32.87%
2 Year-81.98%
3 Year-87.41%
5 Year-87.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%3.76%
ATR Inc-25.42%
Range Today0.1
ADR(20)0.24
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.38
3 months CRS12.72
6 months CRS22.96
Mansfield-2.31
10 Day High9.39
10 Day Low8.58
20 Day High11.47
20 Day Low8.58
52 Week High17.73
52 Week Low8.58
CS1 EndN/A
CR1 Start8.93
Volume & EV
DER(3)0%
DER(5)0%
Volume2.41K
Volume Incr-68.79%
Vol(5)365.4
Vol(50)957.54
ALFEN N.V. / 703.DE FAQ
What is the technical rating for 703 stock?
ChartMill assigns a technical rating of 0 / 10 to 703.DE.
Can you provide the trend direction for ALFEN N.V.?
The current trend direction for ALFEN N.V. (703.DE) is Bearish.
What is the RSI signal for ALFEN N.V. (703.DE) stock?
ALFEN N.V. (703.DE) has an RSI value of 38.7093. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ALFEN N.V.?
The short term momentum for ALFEN N.V. (703.DE) is negative.
What is the buy/sell signal for ALFEN N.V. (703.DE) stock?
The buy/sell signal for ALFEN N.V. (703.DE) is sell as both the short term and long term trends are negative.