EO2 (ALEO2.PA) Technical Analysis
EPA:ALEO2 • FR0010465534
Current stock price
ALEO2.PA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to ALEO2. ALEO2 has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- ALEO2 is part of the Oil, Gas & Consumable Fuels industry. There are 75 other stocks in this industry, of which 62% are performing better than ALEO2.
- Warning: ALEO2 has an average volume of 2044 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month ALEO2 has a been trading in the 2.66 - 3.22 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, ALEO2 turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- ALEO2 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALEO2 is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ALEO2.PA Weekly and Daily overview Charts
ALEO2.PA Setup Rating and Analysis
Although the technical rating is only medium, ALEO2 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.87, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ALEO2.PA Support and Resistance Analysis
2.38
3 important support areas can be observed.
- A support zone ranging from 2.76 to 2.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.65 to 2.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.40 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @3.11 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 3.32 to 3.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
ALEO2.PA 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ALEO2.PA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALEO2.PA is up. |
| ChartMill Relative Strength | 49.1 | NEUTRAL | ALEO2.PA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALEO2.PA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALEO2.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ALEO2.PA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.54 | NEUTRAL | The RSI value for ALEO2.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALEO2.PA has a positive trend. |
| Stochastics (14,3) | 73.84 | NEUTRAL | The Stochastics value for ALEO2.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.03 | HIGH VOLATILITY | The high ATR as a percentage value for ALEO2.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.24 | NEUTRAL | The ADX value for ALEO2.PA suggests a possible start of a new trend. |
ALEO2.PA Chart- and CandleStick Pattern Analysis
ALEO2.PA Example Setup
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 |
|---|---|---|---|
| 3.12 | 2.77 | 0.35 (11.22%) | 8.91% |
| An entry @3.12. This is a Buy Stop order right above the resistance zone. | An exit @2.77. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.35 points, which is 11.22%. | For a 1.00% total portfolio risk, you can invest 8.91% of your capital in this trade. |
- 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.
ALEO2.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:ALEO2 (4/24/2026, 7:00:00 PM)
3.1
+0.02 (+0.65%)
EO2 / ALEO2.PA TA FAQ
What is the ChartMill technical rating of EO2 (ALEO2.PA) stock?
ChartMill assigns a technical rating of 6 / 10 to ALEO2.PA.
What is the current trend direction of EO2 (ALEO2.PA) stock?
The current trend direction for EO2 (ALEO2.PA) is Bearish.
What is the RSI signal for ALEO2 stock?
EO2 (ALEO2.PA) has an RSI value of 56.5409. This indicates that the stock is currently neutral.
What is the MACD signal for ALEO2 stock?
The MACD indicator for EO2 (ALEO2.PA) has a value of 0.00816121, indicating a bearish trend.