ALCAF Technical Analysis - CAFOM SA

Technical Rating and Analysis

We assign a technical rating of 6 out of 10 to ALCAF. ALCAF has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

100% of all other stocks performed better in the past year than ALCAF.

ALCAF is one of the lesser performing stocks in the Specialty Retail industry. 87% of 55 stocks in the same industry do better.

Warning: ALCAF has an average volume of 2158 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.

In the last month ALCAF has a been trading in the 9.88 - 12.00 range, which is quite wide. It is currently trading near the high of this range.

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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

ALCAF has an average technical rating and it also does not offer a high quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

9.15

12.12

We found 4 important support areas.

A support zone ranging from 11.38 to 11.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 10.79 to 11.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @10.07 from a trend line in the daily time frame.
Support @9.24 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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 ALCAF.PA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ALCAF.PA is up.
ChartMill Relative Strength	0	NEGATIVE	ALCAF.PA has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ALCAF.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ALCAF.PA is above the rising SMA(50).
Relative Strength Index/RSI (14)	74.34	OVERBOUGHT	The high RSI value suggests ALCAF.PA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.03	POSITIVE	The MACD value suggests ALCAF.PA has a positive trend.
Stochastics (14,3)	96.15	OVERBOUGHT	The high Stochastics value suggests ALCAF.PA may be overbought.
Average True Range in percent/ATR (20)	3.28	MEDIUM VOLATILITY	The ATR as a percentage value for ALCAF.PA suggests some volalility.
Average Directional Index/ADX (14)	29.85	POSITIVE	The high ADX value value for ALCAF.PA suggests a strong trend.