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EO2 (ALEO2.PA) Stock Technical Analysis

Europe - Euronext Paris - EPA:ALEO2 - FR0010465534 - Common Stock

2.78 EUR
+0.18 (+6.92%)
Last: 12/19/2025, 7:00:00 PM
Technical Rating and Analysis

0

Taking everything into account, ALEO2 scores 0 out of 10 in our technical rating. ALEO2's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
88% of all other stocks performed better in the past year than ALEO2.
ALEO2 is part of the Oil, Gas & Consumable Fuels industry. There are 70 other stocks in this industry, of which 63% are performing better than ALEO2.
ALEO2 is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: ALEO2 has an average volume of 1106 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ALEO2 has a been trading in the 2.38 - 2.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
EO2 / ALEO2 Weekly stock chart
EO2 / ALEO2 Daily stock chart
Setup Rating and Analysis

3

The technical rating of ALEO2 is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

2.35

3.12

We found 1 important support area.

  • A support zone ranging from 2.37 to 2.40. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 2.79 to 2.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 3.05 to 3.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ALEO2.PA is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ALEO2.PA is neutral.
ChartMill Relative Strength12.07NEGATIVEALEO2.PA has a low relative strength, it was outperformed by 87.93% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of ALEO2.PA is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ALEO2.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ALEO2.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)52.1NEUTRALThe RSI value for ALEO2.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests ALEO2.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)43.06NEUTRALThe Stochastics value for ALEO2.PA is a neutral value.
Average True Range in percent/ATR (20)6.12HIGH VOLATILITYThe high ATR as a percentage value for ALEO2.PA suggests high volalility.
Average Directional Index/ADX (14)17.61NEGATIVEThe low ADX value for ALEO2.PA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
EO2 / ALEO2 Daily stock chart

EO2

EPA:ALEO2 (12/19/2025, 7:00:00 PM)

2.78

+0.18 (+6.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg6.92%
1 Week6.92%
2 Weeks-2.11%
1 Month-0.71%
3 Month-8.55%
6 Month-15.24%
12 Month-20.34%
2 Year-54.72%
3 Year-55.73%
5 Year-43.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%6.12%
ATR Inc78.57%
Range Today0.18
ADR(20)0.07
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.07
3 months CRS15.47
6 months CRS11.26
Mansfield-2.09
10 Day High2.8
10 Day Low2.38
20 Day High2.94
20 Day Low2.38
52 Week High3.99
52 Week Low2.28
CS1 End2.4
CR1 Start2.79
Volume & EV
DER(3)0%
DER(5)0%
Volume25
Volume Incr30.77%
Vol(5)534
Vol(50)1.11K

EO2 / ALEO2.PA FAQ

What is the ChartMill technical rating of EO2 (ALEO2.PA) stock?

ChartMill assigns a technical rating of 0 / 10 to ALEO2.PA.


What is the trend direction for ALEO2 stock?

The current trend direction for EO2 (ALEO2.PA) is Bearish.


Can you provide the RSI signal for EO2?

EO2 (ALEO2.PA) has an RSI value of 52.0988. This indicates that the stock is currently neutral.


Can you provide the MACD signal for EO2?

The MACD indicator for EO2 (ALEO2.PA) has a value of -0.0078574, indicating a bearish trend.


What is the support and resistance level for ALEO2 stock?

EO2 (ALEO2.PA) has a support level at 2.4 and a resistance level at 2.79. Check the full technical report for our detailed analysis of ALEO2.PA support and resistance levels.