EUROLAND CORPORATE (ALERO.PA) Stock Technical Analysis
EPA:ALERO - FR0010157115 - Common Stock
Overall ALERO gets a technical rating of 3 out of 10. ALERO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, ALERO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.02, a Stop Loss order could be placed below this zone.
More info and screens
2.96
We found 1 important support area.
- A support zone ranging from 2.99 to 3.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 3.31 to 3.33. 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 ALERO.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALERO.PA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ALERO.PA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALERO.PA is above a declining SMA(20). |
| Relative Strength Index/RSI (14) | 52.91 | NEUTRAL | The RSI value for ALERO.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ALERO.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.56 | NEUTRAL | The Stochastics value for ALERO.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.64 | HIGH VOLATILITY | The high ATR as a percentage value for ALERO.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.43 | NEUTRAL | The ADX value for ALERO.PA suggests a possible start of a new trend. |
EPA:ALERO (9/4/2025, 7:00:00 PM)
3.28
+0.26 (+8.61%)