ECOMIAM SA (ALECO.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:ALECO - FR0013534617 - Common Stock
Taking everything into account, ALECO scores 1 out of 10 in our technical rating. ALECO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 1.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.73, a Stop Loss order could be placed below this zone.
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1.70
When analyzing the support we notice one important area.
- A support zone ranging from 1.72 to 1.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.85 to 1.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.75 to 2.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.08 from a horizontal line in the weekly time frame.
- 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 | 6.61 | NEGATIVE | ALECO.PA has a low relative strength, it was outperformed by 93.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALECO.PA is above the rising 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 | NEGATIVE | The current price of ALECO.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.9 | NEUTRAL | The RSI value for ALECO.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ALECO.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.01 | NEUTRAL | The Stochastics value for ALECO.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for ALECO.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 44.63 | POSITIVE | The high ADX value value for ALECO.PA suggests a strong trend. |
EPA:ALECO (11/25/2025, 7:00:00 PM)
1.82
-0.02 (-1.09%)
ECOMIAM SA / ALECO.PA FAQ
Can you provide the ChartMill technical rating for ECOMIAM SA?
ChartMill assigns a technical rating of 1 / 10 to ALECO.PA.
What is the trend direction for ALECO stock?
The current trend direction for ECOMIAM SA (ALECO.PA) is Bearish.
What is the RSI signal for ECOMIAM SA (ALECO.PA) stock?
ECOMIAM SA (ALECO.PA) has an RSI value of 45.9023. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ECOMIAM SA?
The short term momentum for ECOMIAM SA (ALECO.PA) is negative.
What are the support and resistance levels for ECOMIAM SA (ALECO.PA) stock?
ECOMIAM SA (ALECO.PA) has a support level at 1.73 and a resistance level at 1.85. Check the full technical report for our detailed analysis of ALECO.PA support and resistance levels.