ALFEN N.V. (703.DE) Stock Technical Analysis
Europe • Frankfurt Stock Exchange • FRA:703 • NL0012817175
Overall 703 gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, 703 is only an average performer.
- 703 is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: 703 has an average volume of 734 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- When compared to the yearly performance of all other stocks, 703 outperforms 49% of them, which is more or less in line with the market.
- 703 is part of the Electrical Equipment industry. There are 71 other stocks in this industry, 703 did better than 60% of them.
- In the last month 703 has a been trading in the 10.40 - 11.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, 703 also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.08, a Stop Loss order could be placed below this zone.
More info and screens
9.48
When analyzing the support we can see 6 important areas.
- A support zone ranging from 11.02 to 11.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.64 to 10.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.34 from a trend line in the daily time frame.
- Support @10.06 from a horizontal line in the weekly time frame.
- Support @9.79 from a horizontal line in the daily time frame.
- A support zone ranging from 9.58 to 9.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.34 to 11.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The long term trend for 703.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 703.DE is up. |
| ChartMill Relative Strength | 49.81 | NEUTRAL | 703.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 703.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 703.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of 703.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.72 | 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. |
| Stochastics (14,3) | 36.08 | NEUTRAL | The Stochastics value for 703.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for 703.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.75 | NEUTRAL | The ADX value for 703.DE suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.49 | 11.01 | 0.48 (4.18%) | 23.94% |
| An entry @11.49. This is a Buy Stop order right above the resistance zone. | An exit @11.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.48 points, which is 4.18%. | When investing 23.94% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:703 (2/9/2026, 7:00:00 PM)
11.1
+0.06 (+0.59%)
ALFEN N.V. / 703.DE FAQ
What is the technical rating for 703 stock?
ChartMill assigns a technical rating of 8 / 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 Bullish.
What is the RSI signal for ALFEN N.V. (703.DE) stock?
ALFEN N.V. (703.DE) has an RSI value of 53.7207. 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 positive.
What is the buy/sell signal for ALFEN N.V. (703.DE) stock?
The buy/sell signal for ALFEN N.V. (703.DE) is buy as both the short term and long term trends are positive.