ALTEA GREEN POWER SPA (AGP.MI) Stock Technical Analysis
BIT:AGP - Euronext Milan - IT0005472730 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to AGP. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AGP is only an average performer.
The long and short term trends are both positive. This is looking good!
AGP is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AGP is leading the market.
In the last month AGP has a been trading in the 6.90 - 8.83 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that AGP is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
AGP is an average performer in the Construction & Engineering industry, it outperforms 42% of 41 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AGP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.69
8.81
We found 2 important support areas.
- A support zone ranging from 7.26 to 7.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.75 from a trend line in the weekly 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 AGP.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGP.MI is up. |
| ChartMill Relative Strength | 71.32 | POSITIVE | AGP.MI has a high relative strength, it outperformed 71.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGP.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGP.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGP.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.48 | OVERBOUGHT | The high RSI value suggests AGP.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests AGP.MI has a positive trend. |
| Stochastics (14,3) | 93.94 | OVERBOUGHT | The high Stochastics value suggests AGP.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for AGP.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.52 | NEUTRAL | The ADX value for AGP.MI suggests a possible start of a new trend. |
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)
BIT:AGP (5/30/2025, 7:00:00 PM)
8.72
+0.08 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.93%
1 Week21.79%
2 Weeks18.96%
1 Month22.82%
3 Month15.96%
6 Month31.72%
12 Month4.81%
2 Year190.67%
3 Year338.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%3.7%
ATR Inc26.41%
Range Today0.41
ADR(20)0.3
ADR(20)%3.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.32
Mansfield2.04
10 Day High8.83
10 Day Low6.9
20 Day High8.83
20 Day Low6.9
52 Week High8.83
52 Week Low4.88
CS1 End7.35
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume158.92K
Volume Incr98.52%
Vol(5)192.93K
Vol(50)105.82K