EO2 (ALEO2.PA) Stock Technical Analysis
EPA:ALEO2 - FR0010465534 - Common Stock
2.72 EUR
+0.14 (+5.43%)
Taking everything into account, ALEO2 scores 0 out of 10 in our technical rating. ALEO2 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.
97% of all other stocks performed better in the past year than ALEO2.
ALEO2 is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 85% of 63 stocks in the same industry do better.
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 828 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 - 2.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, ALEO2 does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.35
2.96
When analyzing the support we notice one important area.
- Support @2.37 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.77 to 2.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.88 to 2.93. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for ALEO2.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALEO2.PA is down. |
| ChartMill Relative Strength | 3.92 | NEGATIVE | ALEO2.PA has a low relative strength, it was outperformed by 96.08% off all stocks 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) | DOWN | NEGATIVE | The current price of ALEO2.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALEO2.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.86 | NEUTRAL | The RSI value for ALEO2.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALEO2.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.81 | NEUTRAL | The Stochastics value for ALEO2.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for ALEO2.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.3 | NEGATIVE | The low ADX value for ALEO2.PA suggests a weak or negative 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:ALEO2 (9/4/2025, 7:00:00 PM)
2.72
+0.14 (+5.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg5.43%
1 Week-5.56%
2 Weeks-4.9%
1 Month-0.73%
3 Month-16.05%
6 Month-22.06%
12 Month-38.74%
2 Year-55.41%
3 Year-52.61%
5 Year-23.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%4.41%
ATR Inc-47.31%
Range Today0.02
ADR(20)0.07
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.92
Mansfield-2.88
10 Day High2.92
10 Day Low2.54
20 Day High2.92
20 Day Low2.38
52 Week High4.44
52 Week Low2.28
CS1 End2.37
CR1 Start2.77
Volume & EV
DER(3)0%
DER(5)0%
Volume1.40K
Volume Incr27.92%
Vol(5)1.39K
Vol(50)828.56