ALATI Technical Analysis - ACTIA GROUP

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to ALATI. ALATI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

85% of all other stocks performed better in the past year than ALATI.

ALATI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

Warning: ALATI has an average volume of 5032 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

ALATI is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 43% of 52 stocks in the same industry.

ALATI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALATI is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

ALATI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.05, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.99

3.74

We found 1 important support area.

A support zone ranging from 3.02 to 3.05. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

A resistance zone ranging from 3.10 to 3.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @3.44 from a horizontal line in the daily time frame.
Resistance @3.57 from a trend line in the weekly time frame.
Resistance @3.70 from a horizontal line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The long term trend for ALATI.PA is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ALATI.PA is down.
ChartMill Relative Strength	15.33	NEGATIVE	ALATI.PA has a low relative strength, it was outperformed by 84.67% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ALATI.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ALATI.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ALATI.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	38.22	NEUTRAL	The RSI value for ALATI.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests ALATI.PA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	25.2	NEUTRAL	The Stochastics value for ALATI.PA is a neutral value.
Average True Range in percent/ATR (20)	3.28	MEDIUM VOLATILITY	The ATR as a percentage value for ALATI.PA suggests some volalility.
Average Directional Index/ADX (14)	17.97	NEGATIVE	The low ADX value for ALATI.PA suggests a weak or negative trend.