Biocorp (ALCOR.PA) Technical Analysis
EPA:ALCOR • FR0012788065
Current stock price
ALCOR.PA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ALCOR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALCOR is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ALCOR is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by ALCOR over the past year are nicely spread over this period.
- ALCOR is part of the Health Care Equipment & Supplies industry. There are 61 other stocks in this industry. ALCOR outperforms 100% of them.
- ALCOR is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ALCOR is leading 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
Although ALCOR has an excellent technical rating, the quality of the presented setup is not ideal 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
We found 1 important support 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.
When analyzing the resistance we notice one important 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 trade has a worst case loss of 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.