EO2 (ALEO2.PA) Stock Technical Analysis
Europe - EPA:ALEO2 - FR0010465534 - Common Stock
2.82 EUR
-0.08 (-2.76%)
We assign a technical rating of 2 out of 10 to ALEO2. Recently some decent action could be observed, but in the medium term time frame this is still negative. ALEO2 was also a bad performer in the overall market in the last year.
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.
When comparing the yearly performance of all stocks, ALEO2 is a bad performer in the overall market: 92% of all stocks are doing better.
ALEO2 is part of the Oil, Gas & Consumable Fuels industry. There are 63 other stocks in this industry, of which 72% 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.
In the last month ALEO2 has a been trading in the 2.70 - 3.10 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ALEO2 has an average volume of 1563 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Although the technical rating is bad, ALEO2 does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
2.54
3.33
When analyzing the support we notice one important area.
- Support @2.57 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.84 to 2.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.05 to 3.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.30 from a trend 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 | DOWN | NEGATIVE | The long term trend for ALEO2.PA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALEO2.PA is neutral. |
| ChartMill Relative Strength | 8.15 | NEGATIVE | ALEO2.PA has a low relative strength, it was outperformed by 91.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALEO2.PA is below the rising 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 | NEGATIVE | The current price of ALEO2.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.56 | NEUTRAL | The RSI value for ALEO2.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALEO2.PA has a negative trend. |
| Stochastics (14,3) | 32.63 | NEUTRAL | The Stochastics value for ALEO2.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for ALEO2.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.08 | NEUTRAL | The ADX value for ALEO2.PA suggests a possible start of a new 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 (10/7/2025, 7:00:00 PM)
2.82
-0.08 (-2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.76%
1 Week-3.42%
2 Weeks-7.24%
1 Month9.3%
3 Month5.22%
6 Month-12.42%
12 Month-35.76%
2 Year-54.52%
3 Year-42.33%
5 Year-14.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%3.37%
ATR Inc1.45%
Range Today0.02
ADR(20)0.07
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.15
Mansfield-2.42
10 Day High3
10 Day Low2.78
20 Day High3.1
20 Day Low2.7
52 Week High4.39
52 Week Low2.28
CS1 End2.57
CR1 Start2.84
Volume & EV
DER(3)0%
DER(5)0%
Volume1.70K
Volume Incr-11.96%
Vol(5)1.92K
Vol(50)1.56K