ECOMIAM SA (ALECO.PA) Stock Technical Analysis
EPA:ALECO - FR0013534617 - Common Stock
2.38 EUR
+0.08 (+3.48%)
Taking everything into account, ALECO scores 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ALECO is a bad performer in the overall market: 90% of all stocks are doing better.
ALECO is part of the Consumer Staples Distribution & Retail industry. There are 22 other stocks in this industry, of which 66% are performing better than ALECO.
ALECO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ALECO has a been trading in the 2.27 - 2.57 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ALECO has an average volume of 1380 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Although the technical rating is bad, ALECO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.49. Right above this resistance zone may be a good entry point.
More info and screens
2.27
3.20
We found 1 important support area.
- A support zone ranging from 2.29 to 2.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 2.49 to 2.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.71 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.87 to 2.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.95 from a horizontal line in the daily time frame.
- 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 | 10.18 | NEGATIVE | ALECO.PA has a low relative strength, it was outperformed by 89.82% off all stocks 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 | NEGATIVE | The current price of ALECO.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.43 | NEUTRAL | The RSI value for ALECO.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALECO.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.1 | OVERSOLD | The low Stochastics value suggests ALECO.PA may be oversold. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for ALECO.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 44.48 | 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 (9/3/2025, 7:00:00 PM)
2.38
+0.08 (+3.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg3.48%
1 Week-4.8%
2 Weeks-0.83%
1 Month-0.83%
3 Month-13.14%
6 Month-20.13%
12 Month-9.85%
2 Year-34.97%
3 Year-52.02%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%4.39%
ATR Inc-40.91%
Range Today0.11
ADR(20)0.1
ADR(20)%4.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.18
Mansfield-1.9
10 Day High2.52
10 Day Low2.27
20 Day High2.57
20 Day Low2.27
52 Week High3.12
52 Week Low2.26
CS1 End2.3
CR1 Start2.49
Volume & EV
DER(3)0%
DER(5)0%
Volume2.63K
Volume Incr-16.19%
Vol(5)1.73K
Vol(50)1.38K