Europe - BIT:ALAT - LU1681045024 - ETF
Taking everything into account, ALAT scores 8 out of 10 in our technical rating. Although ALAT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although ALAT has an excellent technical rating, it does not offer a high 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.
13.02
4 important support areas can be observed.
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 ALAT.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALAT.MI is up. |
ChartMill Relative Strength | 55.15 | 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) | 71.98 | OVERBOUGHT | The high RSI value suggests ALAT.MI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ALAT.MI has a positive trend. |
Stochastics (14,3) | 92.5 | OVERBOUGHT | The high Stochastics value suggests ALAT.MI may be overbought. |
Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for ALAT.MI suggests low volalility. |
Average Directional Index/ADX (14) | 28.18 | POSITIVE | The high ADX value value for ALAT.MI suggests a strong trend. |
BIT:ALAT (9/11/2025, 7:00:00 PM)
16.22
+0.36 (+2.28%)