ALA SPA (ALA.MI) Stock Technical Analysis
BIT:ALA - Euronext Milan - IT0005446700 - Common Stock - Currency: EUR
Overall ALA gets a technical rating of 10 out of 10. 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.
Warning: ALA has an average volume of 8905 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ALA is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by ALA over the past year are nicely spread over this period.
ALA is part of the Air Freight & Logistics industry. There are 14 other stocks in this industry. ALA outperforms 100% of them.
ALA 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 ALA is lagging the market slightly.
ALA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
ALA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 35.02, a Stop Loss order could be placed below this zone.
More info and screens
28.39
36.57
When analyzing the support we can see 3 important areas.
- A support zone ranging from 34.79 to 34.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.76 from a trend line in the daily time frame.
- Support @28.68 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 36.21 to 36.21. 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 ALA.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALA.MI is up. |
| ChartMill Relative Strength | 98.31 | POSITIVE | ALA.MI has a high relative strength, it outperformed 98.31% 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). |
| Relative Strength Index/RSI (14) | 58.69 | NEUTRAL | The RSI value for ALA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests ALA.MI has a negative trend. |
| Stochastics (14,3) | 26.19 | NEUTRAL | The Stochastics value for ALA.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for ALA.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 39.92 | POSITIVE | The high ADX value value for ALA.MI suggests a strong 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)
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 |
|---|---|---|---|
| 35.41 | 34.79 | 0.62 (1.75%) | 25.00% |
| An entry @35.41. This is a Buy Stop order right above the 10 day high. | An exit @34.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.62 points, which is 1.75%. | For a 0.44% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:ALA (7/3/2025, 7:00:00 PM)
35
-0.3 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-0.85%
1 Week0.29%
2 Weeks0.29%
1 Month3.55%
3 Month2.34%
6 Month50.86%
12 Month195.36%
2 Year184.55%
3 Year207.02%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%1.61%
ATR Inc-14.29%
Range Today0.3
ADR(20)0.54
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.31
Mansfield2.68
10 Day High35.4
10 Day Low34.8
20 Day High38
20 Day Low33.5
52 Week High38
52 Week Low11.45
CS1 End35.02
CR1 Start36.21
Volume & EV
DER(3)0%
DER(5)0%
Volume13.78K
Volume Incr-17.39%
Vol(5)5.61K
Vol(50)8.91K