ALTERNUS CLEAN ENERGY INC (ALCE) Stock Technical Analysis
USA - NASDAQ:ALCE - US02157G2003 - Common Stock
We assign a technical rating of 0 out of 10 to ALCE. ALCE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ALCE is bad and it also does not present a 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.
More info and screens
0.22
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 | DOWN | NEGATIVE | The long term trend for ALCE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALCE is down. |
| ChartMill Relative Strength | 0.17 | NEGATIVE | ALCE has a low relative strength, it was outperformed by 99.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALCE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALCE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALCE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.2 | OVERSOLD | The low RSI value suggests ALCE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ALCE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 11.84 | OVERSOLD | The low Stochastics value suggests ALCE may be oversold. |
| Average True Range in percent/ATR (20) | 22.54 | HIGH VOLATILITY | The high ATR as a percentage value for ALCE suggests high volalility. |
| Average Directional Index/ADX (14) | 20.49 | NEUTRAL | The ADX value for ALCE suggests a possible start of a new trend. |
0.226
-0.06 (-20.65%)
ALTERNUS CLEAN ENERGY INC / ALCE FAQ
What is the technical rating for ALCE stock?
ChartMill assigns a technical rating of 0 / 10 to ALCE.
Can you provide the trend direction for ALTERNUS CLEAN ENERGY INC?
The current trend direction for ALTERNUS CLEAN ENERGY INC (ALCE) is Bearish.
What is the RSI signal for ALCE stock?
ALTERNUS CLEAN ENERGY INC (ALCE) has an RSI value of 25.1951. This indicates that the stock is currently oversold.
Can you provide the short term momentum for ALTERNUS CLEAN ENERGY INC?
The short term momentum for ALTERNUS CLEAN ENERGY INC (ALCE) is negative.
What is the buy/sell signal for ALCE stock?
The buy/sell signal for ALTERNUS CLEAN ENERGY INC (ALCE) is sell as both the short term and long term trends are negative.