ALBDM Technical Analysis - TRACTIAL SA

Technical Rating and Analysis

Taking everything into account, ALBDM scores 5 out of 10 in our technical rating. In the last year, ALBDM was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month ALBDM has a been trading in the 4.52 - 8.74 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

ALBDM is part of the Financial Services industry. There are 47 other stocks in this industry. ALBDM outperforms 100% of them.

The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.

Looking at the yearly performance, ALBDM did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.

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

Considerably lower volume is observed in the last couple of days.

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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

Although the technical rating is only medium, ALBDM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

4.65

5.05

We found 1 important support area.

Support @4.70 from a horizontal line in the daily time frame.

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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	UP	POSITIVE	The long term trend for ALBDM.PA is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ALBDM.PA is down.
ChartMill Relative Strength	99.52	POSITIVE	ALBDM.PA has a high relative strength, it outperformed 99.52% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ALBDM.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of ALBDM.PA is below the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ALBDM.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	41.77	NEUTRAL	The RSI value for ALBDM.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.06	NEGATIVE	The MACD value suggests ALBDM.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	20.63	NEUTRAL	The Stochastics value for ALBDM.PA is a neutral value.
Average True Range in percent/ATR (20)	14.41	HIGH VOLATILITY	The high ATR as a percentage value for ALBDM.PA suggests high volalility.
Average Directional Index/ADX (14)	14.26	NEGATIVE	The low ADX value for ALBDM.PA suggests a weak or negative trend.