MINT (ALBUD.PA) Stock Technical Analysis
EPA:ALBUD - Euronext Paris - Matif - FR0004172450 - Common Stock - Currency: EUR
Overall ALBUD gets a technical rating of 6 out of 10. ALBUD has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
ALBUD is one of the lesser performing stocks in the Electric Utilities industry. 62% of 17 stocks in the same industry do better.
Warning: ALBUD has an average volume of 2069 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ALBUD 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 ALBUD is lagging the market slightly.
ALBUD 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.
When comparing the performance of all stocks over the past year, ALBUD turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
Although the technical rating is only medium, ALBUD does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 3.60. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.69
3.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.24 to 3.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.72 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.60 to 3.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.69 from a horizontal line in the daily 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 ALBUD.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALBUD.PA is neutral. |
| ChartMill Relative Strength | 57.26 | NEUTRAL | ALBUD.PA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALBUD.PA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALBUD.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALBUD.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.2 | NEUTRAL | The RSI value for ALBUD.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALBUD.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.37 | NEUTRAL | The Stochastics value for ALBUD.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for ALBUD.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.72 | NEGATIVE | The low ADX value for ALBUD.PA suggests a weak or negative 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 |
|---|---|---|---|
| 3.62 | 3.44 | 0.18 (4.97%) | 20.11% |
| An entry @3.62. This is a Buy Stop order right above the resistance zone. | An exit @3.44. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.18 points, which is 4.97%. | When investing 20.11% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
EPA:ALBUD (1/15/2024, 7:00:00 PM)
3.58
+0.01 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.28%
1 Week-0.28%
2 Weeks0%
1 Month-0.83%
3 Month10.84%
6 Month24.74%
12 Month5.6%
2 Year-22.17%
3 Year-64.06%
5 Year-7.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%3.04%
ATR Inc5.48%
Range Today0.11
ADR(20)0.11
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.26
Mansfield0.36
10 Day High3.68
10 Day Low3.45
20 Day High3.69
20 Day Low3.36
52 Week High4
52 Week Low2.12
CS1 End3.26
CR1 Start3.6
Volume & EV
DER(3)0%
DER(5)0%
Volume657
Volume Incr-63.12%
Vol(5)706.2
Vol(50)2.07K