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ALTEA GREEN POWER SPA (AGP.MI) Stock Technical Analysis

BIT:AGP - Euronext Milan - IT0005472730 - Common Stock - Currency: EUR

7.65  -0.03 (-0.39%)

Technical Rating and Analysis

4

Taking everything into account, AGP scores 4 out of 10 in our technical rating. AGP has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

AGP is one of the lesser performing stocks in the Construction & Engineering industry. 61% of 48 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
AGP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AGP is lagging the market slightly.
In the last month AGP has a been trading in the 7.29 - 8.13 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, AGP turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ALTEA GREEN POWER SPA / AGP Weekly stock chart
ALTEA GREEN POWER SPA / AGP Daily stock chart
Setup Rating and Analysis

7

AGP has only a medium 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 7.64, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

5.82

8.82

We found 3 important support areas.

  • A support zone ranging from 7.51 to 7.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @6.09 from a trend line in the weekly time frame.
  • Support @5.88 from a trend line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 7.65 to 7.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 7.83 to 7.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @8.73 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for AGP.MI is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for AGP.MI is neutral.
ChartMill Relative Strength41.36NEUTRALAGP.MI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of AGP.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of AGP.MI is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of AGP.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)47.27NEUTRALThe RSI value for AGP.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests AGP.MI has a positive trend, although the MACD value is declining.
Stochastics (14,3)57.14NEUTRALThe Stochastics value for AGP.MI is a neutral value.
Average True Range in percent/ATR (20)2.99MEDIUM VOLATILITYThe ATR as a percentage value for AGP.MI suggests some volalility.
Average Directional Index/ADX (14)9.04NEGATIVEThe low ADX value for AGP.MI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
ALTEA GREEN POWER SPA / AGP Daily stock chart

ALTEA GREEN POWER SPA

BIT:AGP (8/8/2025, 7:00:00 PM)

7.65

-0.03 (-0.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.39%
1 Week1.73%
2 Weeks0%
1 Month-2.92%
3 Month-2.55%
6 Month46.55%
12 Month8.2%
2 Year101.85%
3 Year199.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%2.99%
ATR Inc-16.08%
Range Today0.19
ADR(20)0.22
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.36
Mansfield-0.01
10 Day High7.99
10 Day Low7.29
20 Day High8.13
20 Day Low7.29
52 Week High8.88
52 Week Low4.88
CS1 End7.64
CR1 Start7.65
Volume & EV
DER(3)0%
DER(5)0%
Volume27.81K
Volume Incr-30.51%
Vol(5)34.16K
Vol(50)79.17K