LEVERAGE SHARES 2X AAL (AALG) Stock Technical Analysis
USA - NASDAQ:AALG - US8829273122 - ETF
Overall AALG gets a technical rating of 5 out of 10. In the last year, AALG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
AALG has an average technical rating and it also does not offer a high 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.
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10.48
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.84 to 13.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.57 to 11.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @15.51 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 AALG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AALG is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AALG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AALG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AALG is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.88 | NEUTRAL | The RSI value for AALG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests AALG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.53 | NEUTRAL | The Stochastics value for AALG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.9 | HIGH VOLATILITY | The high ATR as a percentage value for AALG suggests high volalility. |
| Average Directional Index/ADX (14) | 23.33 | NEUTRAL | The ADX value for AALG suggests a possible start of a new trend. |
NASDAQ:AALG (10/30/2025, 4:30:00 PM)
13.1082
-0.4 (-3%)
LEVERAGE SHARES 2X AAL / AALG FAQ
Can you provide the ChartMill technical rating for LEVERAGE SHARES 2X AAL?
ChartMill assigns a technical rating of 5 / 10 to AALG.
Can you provide the trend direction for LEVERAGE SHARES 2X AAL?
The current trend direction for LEVERAGE SHARES 2X AAL (AALG) is Bullish.
Can you provide the RSI signal for LEVERAGE SHARES 2X AAL?
LEVERAGE SHARES 2X AAL (AALG) has an RSI value of 52.8832. This indicates that the stock is currently neutral.
What is the buy/sell signal for AALG stock?
The buy/sell signal for LEVERAGE SHARES 2X AAL (AALG) is buy as both the short term and long term trends are positive.
What is the support and resistance level for AALG stock?
LEVERAGE SHARES 2X AAL (AALG) has a support level at 13.1 and a resistance level at 15.51. Check the full technical report for our detailed analysis of AALG support and resistance levels.