AALBERTS NV (AALB.AS)

NL0000852564 - Common Stock

40.71  +0.19 (+0.47%)

Technical Rating

0

We assign a technical rating of 0 out of 10 to AALB. AALB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.



AALB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AALB is lagging the market.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, AALB is a bad performer in the overall market: 80% of all stocks are doing better.
AALB is one of the lesser performing stocks in the Machinery industry. 66% of 43 stocks in the same industry do better.
AALB 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.

Statistics

1 Month 3 Months 6 Months 12 Months -2.72% -10.25% 4.95% -8.12% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 20.39 30.55 - 48.53
AALB Weekly chart
AALB Daily chart

Support/Resistance Analysis


38.88

48.57
When analyzing the support we notice one important area.
  • A support zone ranging from 39.27 to 40.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
  • A resistance zone ranging from 41.55 to 41.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 43.92 to 44.63. 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.

Setup Analysis

Setup Rating

6

AALB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 40.39, a Stop Loss order could be placed below this zone.


AALB Daily chart

AALBERTS NV

AMS:AALB (6/8/2023, 5:29:52 PM)

40.71

+0.19 (+0.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.47%
1 Week2.39%
2 Weeks-0.07%
1 Month-2.72%
3 Month-10.25%
6 Month4.95%
12 Month-8.12%
Volatility
ATR(14)1.01
ATR(20)%2.25%
ATR Inc-34.21%
Range Today0.65
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.39
Mansfield-0.53
10 Day High41.81
10 Day Low39.28
20 Day High45.1
20 Day Low39.28
52 Week High48.53
52 Week Low30.55
CS1 End40.39
CR1 Start41.55
Volume & EV
DER(3)-1.99%
DER(5)-1.85%
Volume82.96K
Volume Incr-24.25%
Vol(5)175.01K
Vol(50)223.25K
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