FERMENTALG (ALGAE.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:ALGAE - FR0011271600 - Common Stock
We assign a technical rating of 5 out of 10 to ALGAE. In the past year, ALGAE was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- ALGAE is part of the Chemicals industry. There are 69 other stocks in this industry. ALGAE outperforms 73% of them.
- In the last month ALGAE has a been trading in the 0.41 - 0.50 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, ALGAE did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- ALGAE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALGAE is lagging the market.
- Volume is considerably higher in the last couple of days.
ALGAE has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
0.35
4 important support areas can be observed.
- A support zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.40 from a horizontal line in the daily time frame.
- Support @0.35 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.52 from a trend line in the daily time frame.
- Resistance @0.56 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for ALGAE.PA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALGAE.PA is up. |
| ChartMill Relative Strength | 70.09 | POSITIVE | ALGAE.PA has a high relative strength, it outperformed 70.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALGAE.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ALGAE.PA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ALGAE.PA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.86 | NEUTRAL | The RSI value for ALGAE.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALGAE.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.61 | OVERBOUGHT | The high Stochastics value suggests ALGAE.PA may be overbought. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for ALGAE.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.71 | NEUTRAL | The ADX value for ALGAE.PA suggests a possible start of a new trend. |
EPA:ALGAE (1/21/2026, 7:00:00 PM)
0.475
-0.01 (-1.04%)
FERMENTALG / ALGAE.PA FAQ
What is the ChartMill technical rating of FERMENTALG (ALGAE.PA) stock?
ChartMill assigns a technical rating of 5 / 10 to ALGAE.PA.
What is the trend direction for ALGAE stock?
The current trend direction for FERMENTALG (ALGAE.PA) is Bearish.
Can you provide the RSI signal for FERMENTALG?
FERMENTALG (ALGAE.PA) has an RSI value of 60.8593. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for FERMENTALG?
FERMENTALG (ALGAE.PA) has a support level at 0.42 and a resistance level at 0.5. Check the full technical report for our detailed analysis of ALGAE.PA support and resistance levels.