BIT:ALA - IT0005446700 - Common Stock
We assign a technical rating of 10 out of 10 to ALA. Both in the recent history as in the last year, ALA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, ALA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 34.99, a Stop Loss order could be placed below this zone.
32.03
When analyzing the support we can see 2 important 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.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALA.MI is up. |
ChartMill Relative Strength | 98.51 | POSITIVE | ALA.MI has a high relative strength, it outperformed 98.51% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALA.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALA.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALA.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.48 | NEUTRAL | The RSI value for ALA.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests ALA.MI has a negative trend. |
Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for ALA.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for ALA.MI suggests low volalility. |
Average Directional Index/ADX (14) | 39.13 | POSITIVE | The high ADX value value for ALA.MI suggests a strong 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 |
---|---|---|---|
35.10 | 34.99 | 0.11 (0.31%) | 25.00% |
An entry @35.10. This is a Buy Stop order right above the 10 day moving average. | An exit @34.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.11 points, which is 0.31%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.08%. |
BIT:ALA (8/20/2025, 7:00:00 PM)
35
-0.2 (-0.57%)