ECOMIAM SA (ALECO.PA) Stock Technical Analysis
EPA:ALECO - Euronext Paris - Matif - FR0013534617 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to ALECO. ALECO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
ALECO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: ALECO has an average volume of 1296 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, ALECO turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
ALECO is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 45% of 25 stocks in the same industry.
ALECO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALECO is lagging the market.
Although the technical rating is bad, ALECO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.75, a Stop Loss order could be placed below this zone.
More info and screens
2.60
3.20
We found 2 important support areas.
- A support zone ranging from 2.71 to 2.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.63 to 2.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.82 to 2.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.02 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.08 to 3.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.17 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for ALECO.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALECO.PA is down. |
| ChartMill Relative Strength | 49.18 | NEUTRAL | ALECO.PA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALECO.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALECO.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ALECO.PA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.13 | NEUTRAL | The RSI value for ALECO.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALECO.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80 | NEUTRAL | The Stochastics value for ALECO.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for ALECO.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.18 | POSITIVE | The high ADX value value for ALECO.PA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
EPA:ALECO (6/16/2025, 7:00:00 PM)
2.76
-0.01 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.36%
1 Week-0.72%
2 Weeks2.99%
1 Month-6.76%
3 Month-1.43%
6 Month6.15%
12 Month5.75%
2 Year-44.58%
3 Year-58.43%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%3.75%
ATR Inc41.13%
Range Today0.15
ADR(20)0.1
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.18
Mansfield-0.46
10 Day High2.82
10 Day Low2.62
20 Day High2.99
20 Day Low2.54
52 Week High3.12
52 Week Low2.3
CS1 End2.75
CR1 Start2.82
Volume & EV
DER(3)0%
DER(5)0%
Volume982
Volume Incr35.91%
Vol(5)1.17K
Vol(50)1.30K