ALCJ Technical Analysis - CROSSJECT

Technical Rating and Analysis

We assign a technical rating of 4 out of 10 to ALCJ. In the past year, ALCJ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, ALCJ is a bad performer in the overall market: 88% of all stocks are doing better.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

ALCJ is an average performer in the Health Care Equipment & Supplies industry, it outperforms 54% of 58 stocks in the same industry.

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

In the last month ALCJ has a been trading in the 1.35 - 1.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Volume is considerably higher 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

ALCJ has an average technical rating and also the quality of the setup is only medium 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

1.48

1.89

When analyzing the support we can see 2 important areas.

A support zone ranging from 1.59 to 1.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 1.49 to 1.49. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 1.75 to 1.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @1.87 from a trend line in the daily 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 ALCJ.PA is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for ALCJ.PA is neutral.
ChartMill Relative Strength	12.33	NEGATIVE	ALCJ.PA has a low relative strength, it was outperformed by 87.67% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ALCJ.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ALCJ.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ALCJ.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	53.59	NEUTRAL	The RSI value for ALCJ.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests ALCJ.PA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	47.29	NEUTRAL	The Stochastics value for ALCJ.PA is a neutral value.
Average True Range in percent/ATR (20)	6.9	HIGH VOLATILITY	The high ATR as a percentage value for ALCJ.PA suggests high volalility.
Average Directional Index/ADX (14)	17.03	NEGATIVE	The low ADX value for ALCJ.PA suggests a weak or negative trend.