AMUNDI MSCI EM LATIN AME ETF (ALAT.MI) Stock Technical Analysis
BIT:ALAT - Euronext Milan - LU1681045024 - ETF - Currency: EUR
Overall ALAT gets a technical rating of 7 out of 10. Although ALAT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, ALAT is a bad performer in the overall market: 65% of all stocks are doing better.
Warning: ALAT has an average volume of 5861 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ALAT 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.
ALAT 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 ALAT is lagging the market slightly.
ALAT has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.02
17.02
When analyzing the support we can see 3 important areas.
- Support @14.79 from a horizontal line in the daily time frame.
- A support zone ranging from 14.40 to 14.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.15 to 13.32. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.27 to 15.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @16.85 from a horizontal 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 | UP | POSITIVE | The long term trend for ALAT.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALAT.MI is up. |
| ChartMill Relative Strength | 35.92 | NEUTRAL | ALAT.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALAT.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALAT.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ALAT.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.13 | NEUTRAL | The RSI value for ALAT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ALAT.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.29 | OVERBOUGHT | The high Stochastics value suggests ALAT.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for ALAT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.99 | NEUTRAL | The ADX value for ALAT.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:ALAT (5/27/2025, 7:00:00 PM)
15.256
+0.47 (+3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.16%
1 Week0.07%
2 Weeks5.67%
1 Month3.73%
3 Month1.75%
6 Month5.2%
12 Month-7.73%
2 Year8.55%
3 Year25.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%3.16%
ATR Inc11.06%
Range Today0.19
ADR(20)0.23
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.92
Mansfield0.16
10 Day High15.43
10 Day Low14.43
20 Day High15.43
20 Day Low12.52
52 Week High16.61
52 Week Low12.52
CS1 End14.79
CR1 Start15.27
Volume & EV
DER(3)0%
DER(5)0%
Volume5.44K
Volume Incr-34.05%
Vol(5)5.48K
Vol(50)5.86K