TSX:ALA - Toronto Stock Exchange - CA0213611001 - Common Stock - Currency: CAD
We assign a technical rating of 7 out of 10 to ALA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
ALA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 37.84, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALA in the last couple of days, which is a good sign.
32.23
We found 4 important support areas.
When analyzing the resistance we notice one important area.
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 ALA.CA is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALA.CA is neutral. |
ChartMill Relative Strength | 77.88 | POSITIVE | ALA.CA has a high relative strength, it outperformed 77.88% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALA.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of ALA.CA is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALA.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 45.97 | NEUTRAL | The RSI value for ALA.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ALA.CA has a positive trend. |
Stochastics (14,3) | 50.54 | NEUTRAL | The Stochastics value for ALA.CA is a neutral value. |
Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for ALA.CA suggests low volalility. |
Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for ALA.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
38.69 | 37.24 | 1.45 (3.75%) | 25.00% |
An entry @38.69. This is a Buy Stop order right above the 10 day high. | An exit @37.24. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.45 points, which is 3.75%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |
TSX:ALA (5/28/2025, 7:00:00 PM)
37.95
-0.51 (-1.33%)