AALBERTS NV (AALB.AS)

NL0000852564 - Common Stock

44.59  +0.15 (+0.34%)

Technical Rating and Analysis

8

Overall AALB 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, AALB is only an average performer.

The long and short term trends are both positive. This is looking good!
AALB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
AALB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the performance of all stocks over the past year, AALB turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
AALB is an average performer in the Machinery industry, it outperforms 65% of 111 stocks in the same industry.
Weekly and Daily overview Charts
AALB Weekly chart
AALB Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, AALB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 44.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.58, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

34.79

48.57

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 44.32 to 44.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @39.12 from a trend line in the weekly time frame.
  • Support @38.48 from a trend line in the daily time frame.
  • Support @36.83 from a horizontal line in the daily time frame.
  • Support @35.14 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 44.80 to 45.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @48.09 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.91
Mansfield0.02
10 Day High45.37
10 Day Low43.17
20 Day High45.37
20 Day Low41.33
52 Week High45.37
52 Week Low28.83
Performance
1 Week-1.26%
2 Weeks2.2%
1 Month7.45%
3 Month13.58%
6 Month28.58%
12 Month2.72%
2 Year-5.49%
3 Year3.22%
5 Year44.63%
10 Year76.25%
15 Year998.28%
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)
Technical Indicators
MACD(12,26,9)-0.11
RSI(14)69.99
LBB42.85
UBB45.34
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
45.1844.310.87 (1.93%)25.00%
An entry @45.18. This is a Buy Stop order right above the resistance zone.An exit @44.31. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.87 points, which is 1.93%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.48%.

  • The distance between exit and entry is rather small compared to the average daily movement of AALB. Please evaluate whether better entry and exit points can be found.
  • 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.
AALB Daily chart

AALBERTS NV

AMS:AALB (3/28/2024, 7:00:00 PM)

44.59

+0.15 (+0.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.34%
1 Week-1.26%
2 Weeks2.2%
1 Month7.45%
3 Month13.58%
6 Month28.58%
12 Month2.72%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.71
ATR(20)%1.61%
ATR Inc
Range Today0.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High45.37
10 Day Low43.17
20 Day High45.37
20 Day Low41.33
52 Week High45.37
52 Week Low28.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume130.40K
Volume Incr-36.87%
Vol(5)105.80K
Vol(50)162.96K