LABORATOIRES EUROMEDIS (ALEMG.PA) Stock Technical Analysis
EPA:ALEMG - Euronext Paris - Matif - FR0000075343 - Common Stock - Currency: EUR
Taking everything into account, ALEMG scores 7 out of 10 in our technical rating. Although ALEMG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ALEMG has an average volume of 2275 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ALEMG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the performance of all stocks over the past year, ALEMG turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
ALEMG is an average performer in the Health Care Equipment & Supplies industry, it outperforms 60% of 59 stocks in the same industry.
ALEMG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALEMG is lagging the market.
In the last month ALEMG has a been trading in a tight range between 4.35 and 4.54.
Although ALEMG has an excellent technical rating, it does not present a decent entry opportunity 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
3.68
5.45
When analyzing the support we can see 3 important areas.
- Support @4.36 from a horizontal line in the weekly time frame.
- Support @4.13 from a trend line in the daily time frame.
- Support @3.72 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.37 to 4.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.50 to 4.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.40 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 | UP | POSITIVE | The long term trend for ALEMG.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALEMG.PA is up. |
| ChartMill Relative Strength | 40.17 | NEUTRAL | ALEMG.PA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALEMG.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALEMG.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ALEMG.PA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.27 | NEUTRAL | The RSI value for ALEMG.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALEMG.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for ALEMG.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for ALEMG.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.84 | POSITIVE | The high ADX value value for ALEMG.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:ALEMG (8/6/2025, 7:00:00 PM)
4.37
-0.02 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.46%
1 Week0%
2 Weeks-0.23%
1 Month-3.74%
3 Month11.76%
6 Month0%
12 Month-7.02%
2 Year-17.86%
3 Year-25.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%0.4%
ATR Inc154.54%
Range Today0.03
ADR(20)0.02
ADR(20)%0.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.17
Mansfield-0.96
10 Day High4.39
10 Day Low4.36
20 Day High4.54
20 Day Low4.35
52 Week High6.6
52 Week Low3.39
CS1 End4.36
CR1 Start4.37
Volume & EV
DER(3)1356.26%
DER(5)1639.49%
Volume820
Volume Incr4.18%
Vol(5)271.6
Vol(50)2.28K