ENTREPRENDRE (ALENR.PA) Stock Technical Analysis
EPA:ALENR - Euronext Paris - Matif - FR0000045122 - Common Stock - Currency: EUR
We assign a technical rating of 9 out of 10 to ALENR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALENR is showing a nice and steady performance.
Besides having an excellent technical rating, ALENR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 8.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.24, a Stop Loss order could be placed below this zone.
More info and screens
6.42
We found 2 important support areas.
- A support zone ranging from 8.00 to 8.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.48 to 6.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.25 to 8.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ALENR.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALENR.PA is up. |
| ChartMill Relative Strength | 98.49 | POSITIVE | ALENR.PA has a high relative strength, it outperformed 98.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALENR.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALENR.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALENR.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56 | NEUTRAL | The RSI value for ALENR.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ALENR.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 95.48 | OVERBOUGHT | The high Stochastics value suggests ALENR.PA may be overbought. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for ALENR.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.83 | NEGATIVE | The low ADX value for ALENR.PA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.42 | 7.99 | 0.43 (5.11%) | 19.58% |
| An entry @8.42. This is a Buy Stop order right above the resistance zone. | An exit @7.99. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.43 points, which is 5.11%. | When investing 19.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ALENR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:ALENR (6/17/2025, 7:00:00 PM)
8.24
0 (0%)