Biocorp (ALCOR.PA) Technical Analysis
EPA:ALCOR • FR0012788065
Current stock price
ALCOR.PA Technical Rating and Analysis
Overall ALCOR gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ALCOR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ALCOR did better than 99% of all other stocks. On top of that, ALCOR also shows a nice and consistent pattern of rising prices.
- ALCOR is part of the Health Care Equipment & Supplies industry. There are 58 other stocks in this industry. ALCOR outperforms 98% of them.
- ALCOR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ALCOR has a been trading in a tight range between 34.80 and 35.10.
- Considerably lower volume is observed in the last couple of days.
ALCOR.PA Weekly and Daily overview Charts
ALCOR.PA Setup Rating and Analysis
ALCOR has an excellent technical rating, but 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.
More info and screens
ALCOR.PA Support and Resistance Analysis
34.44
When analyzing the support we notice one important area.
- A support zone ranging from 34.79 to 35.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 35.10 to 35.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
ALCOR.PA 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 ALCOR.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALCOR.PA is up. |
| ChartMill Relative Strength | 99.24 | POSITIVE | ALCOR.PA has a high relative strength, it outperformed 99.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALCOR.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALCOR.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALCOR.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.35 | NEUTRAL | The RSI value for ALCOR.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALCOR.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for ALCOR.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for ALCOR.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 77.39 | POSITIVE | The high ADX value value for ALCOR.PA suggests a strong trend. |
ALCOR.PA Chart- and CandleStick Pattern Analysis
ALCOR.PA Example Setup
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 |
|---|---|---|---|
| 35.12 | 34.99 | 0.13 (0.37%) | 25.00% |
| An entry @35.12. This is a Buy Stop order right above the resistance zone. | An exit @34.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.13 points, which is 0.37%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.09%. |
- 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.
ALCOR.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:ALCOR (9/27/2023, 7:00:00 PM)
35.1
+0.1 (+0.29%)
Biocorp / ALCOR.PA TA FAQ
What is the technical rating for ALCOR stock?
ChartMill assigns a technical rating of 9 / 10 to ALCOR.PA.
What is the trend direction for ALCOR stock?
The current trend direction for Biocorp (ALCOR.PA) is Bullish.
What is the RSI signal for Biocorp (ALCOR.PA) stock?
Biocorp (ALCOR.PA) has an RSI value of 66.3543. This indicates that the stock is currently neutral.
What is the short term momentum for Biocorp (ALCOR.PA) stock?
The short term momentum for Biocorp (ALCOR.PA) is positive.
What is the buy/sell signal for ALCOR stock?
The buy/sell signal for Biocorp (ALCOR.PA) is buy as both the short term and long term trends are positive.