BIT:ALFO - Euronext Milan - IT0005466039 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to ALFO. In the last year, ALFO was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
ALFO has a poor technical rating and the quality of the setup is also not perfect 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.
0.28
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 ALFO.MI is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALFO.MI is down. |
ChartMill Relative Strength | 0 | NEGATIVE | ALFO.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALFO.MI is below a declining SMA(20). |
Relative Strength Index/RSI (14) | 35 | NEUTRAL | The RSI value for ALFO.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALFO.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 5.82 | OVERSOLD | The low Stochastics value suggests ALFO.MI may be oversold. |
Average True Range in percent/ATR (20) | 8.98 | HIGH VOLATILITY | The high ATR as a percentage value for ALFO.MI suggests high volalility. |
Average Directional Index/ADX (14) | 9.52 | NEGATIVE | The low ADX value for ALFO.MI suggests a weak or negative trend. |
BIT:ALFO (5/28/2025, 7:00:00 PM)
0.279
+0.01 (+2.95%)