DELTA DRONE (ALDR.PA) Stock Technical Analysis
Europe • Euronext Paris • EPA:ALDR • FR001400H2X4
We assign a technical rating of 3 out of 10 to ALDR. ALDR was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month ALDR has a been trading in the 1.41 - 2.27 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: ALDR has an average volume of 16255 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- ALDR is part of the Aerospace & Defense industry. There are 55 other stocks in this industry. ALDR outperforms 100% of them.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the yearly performance of all stocks, we notice that ALDR is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- ALDR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALDR is lagging the market.
ALDR has a poor technical rating and the quality of the setup is also 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
1.45
We found 1 important support area.
- A support zone ranging from 1.46 to 1.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @1.48 from a trend line in the daily time frame.
- A resistance zone ranging from 1.61 to 1.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.03 from a trend line in the weekly time frame.
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 ALDR.PA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALDR.PA is down. |
| ChartMill Relative Strength | 99.79 | POSITIVE | ALDR.PA has a high relative strength, it outperformed 99.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALDR.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALDR.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALDR.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.69 | NEUTRAL | The RSI value for ALDR.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALDR.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.96 | OVERSOLD | The low Stochastics value suggests ALDR.PA may be oversold. |
| Average True Range in percent/ATR (20) | 10.58 | HIGH VOLATILITY | The high ATR as a percentage value for ALDR.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.57 | POSITIVE | The high ADX value value for ALDR.PA suggests a strong trend. |
EPA:ALDR (10/4/2023, 7:00:00 PM)
1.4698
-0.03 (-1.75%)
DELTA DRONE / ALDR.PA FAQ
Can you provide the ChartMill technical rating for DELTA DRONE?
ChartMill assigns a technical rating of 2 / 10 to ALDR.PA.
What is the current trend direction of DELTA DRONE (ALDR.PA) stock?
The current trend direction for DELTA DRONE (ALDR.PA) is Bullish.
Can you provide the RSI signal for DELTA DRONE?
DELTA DRONE (ALDR.PA) has an RSI value of 34.689. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DELTA DRONE?
The short term momentum for DELTA DRONE (ALDR.PA) is negative.
What is the buy/sell signal for DELTA DRONE (ALDR.PA) stock?
The buy/sell signal for DELTA DRONE (ALDR.PA) is hold as the short term and long term trends are mixed.