ALTEA GREEN POWER SPA (AGP.MI) Stock Technical Analysis
BIT:AGP - Euronext Milan - IT0005472730 - Common Stock - Currency: EUR
Overall AGP gets a technical rating of 4 out of 10. In the last year, AGP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
AGP is one of the lesser performing stocks in the Construction & Engineering industry. 60% of 42 stocks in the same industry do better.
In the last month AGP has a been trading in the 7.50 - 8.58 range, which is quite wide. It is currently trading near the lows of this range.
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.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, AGP outperforms 57% of them, which is more or less in line with the market.
Although the technical rating is only medium, AGP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.64, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.74
8.92
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.61 to 7.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.99 from a trend line in the weekly time frame.
- Support @5.80 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.73 to 7.91. 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 8.73 to 8.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for AGP.MI is down. |
| ChartMill Relative Strength | 57.35 | NEUTRAL | AGP.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGP.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AGP.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AGP.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.31 | NEUTRAL | The RSI value for AGP.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AGP.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.24 | NEUTRAL | The Stochastics value for AGP.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for AGP.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.24 | NEGATIVE | The low ADX value for AGP.MI suggests a weak or negative 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 (7/18/2025, 7:00:00 PM)
7.69
-0.1 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-1.28%
1 Week0.92%
2 Weeks-0.13%
1 Month-9.64%
3 Month11.45%
6 Month18.49%
12 Month9.86%
2 Year94.68%
3 Year189.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%3.78%
ATR Inc-39.2%
Range Today0.15
ADR(20)0.28
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.35
Mansfield0.14
10 Day High8.13
10 Day Low7.56
20 Day High8.58
20 Day Low7.5
52 Week High8.88
52 Week Low4.88
CS1 End7.64
CR1 Start7.73
Volume & EV
DER(3)0%
DER(5)0%
Volume22.71K
Volume Incr-8.18%
Vol(5)65.46K
Vol(50)91.10K