ALMAWAVE SPA (AIW.MI) Stock Technical Analysis
BIT:AIW - Euronext Milan - IT0005434615 - Common Stock - Currency: EUR
Overall AIW gets a technical rating of 2 out of 10. In the past year, AIW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, AIW is a bad performer in the overall market: 89% of all stocks are doing better.
AIW is one of the lesser performing stocks in the Software industry. 71% of 102 stocks in the same industry do better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month AIW has a been trading in the 2.64 - 3.33 range, which is quite wide. It is currently trading near the high of this range.
AIW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AIW is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of AIW is bad and it also does not present a quality setup 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
2.80
4.63
We found 4 important support areas.
- A support zone ranging from 3.19 to 3.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.03 to 3.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.91 to 2.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.83 to 2.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.50 to 3.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.58 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 | DOWN | NEGATIVE | The long term trend for AIW.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AIW.MI is neutral. |
| ChartMill Relative Strength | 11.99 | NEGATIVE | AIW.MI has a low relative strength, it was outperformed by 88.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIW.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIW.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AIW.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.32 | NEUTRAL | The RSI value for AIW.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AIW.MI has a positive trend. |
| Stochastics (14,3) | 42.54 | NEUTRAL | The Stochastics value for AIW.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.36 | HIGH VOLATILITY | The high ATR as a percentage value for AIW.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.89 | NEUTRAL | The ADX value for AIW.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:AIW (6/2/2025, 7:00:00 PM)
3.24
+0.28 (+9.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg9.46%
1 Week6.16%
2 Weeks2.65%
1 Month1.31%
3 Month-6.34%
6 Month9.93%
12 Month-36.61%
2 Year-34.87%
3 Year-33.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%5.36%
ATR Inc133.33%
Range Today0.06
ADR(20)0.15
ADR(20)%4.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.99
Mansfield-1.64
10 Day High3.16
10 Day Low2.64
20 Day High3.33
20 Day Low2.64
52 Week High4.85
52 Week Low2.12
CS1 End3.08
CR1 Start3.1
Volume & EV
DER(3)0%
DER(5)0%
Volume21.57K
Volume Incr-4.91%
Vol(5)70.02K
Vol(50)120.06K