GENOWAY SA (ALGEN.PA) Stock Technical Analysis
EPA:ALGEN - Euronext Paris - Matif - FR0004053510 - Common Stock - Currency: EUR
Taking everything into account, ALGEN scores 6 out of 10 in our technical rating. In the last year, ALGEN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
83% of all other stocks performed better in the past year than ALGEN.
Warning: ALGEN has an average volume of 4767 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ALGEN has a been trading in the 3.08 - 3.50 range, which is quite wide. It is currently trading near the high of this range.
ALGEN is an average performer in the Biotechnology industry, it outperforms 65% of 73 stocks in the same industry.
ALGEN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALGEN is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
ALGEN has an average technical rating and also the quality of the setup is only medium 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
3.10
4.15
We found 2 important support areas.
- A support zone ranging from 3.25 to 3.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.46 to 3.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.79 from a trend line in the weekly time frame.
- Resistance @4.11 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for ALGEN.PA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALGEN.PA is up. |
| ChartMill Relative Strength | 17.87 | NEGATIVE | ALGEN.PA has a low relative strength, it was outperformed by 82.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALGEN.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALGEN.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALGEN.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.67 | NEUTRAL | The RSI value for ALGEN.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALGEN.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.06 | OVERBOUGHT | The high Stochastics value suggests ALGEN.PA may be overbought. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for ALGEN.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.4 | POSITIVE | The high ADX value value for ALGEN.PA suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.55 | 3.07 | 0.48 (13.52%) | 7.40% |
| An entry @3.55. This is a Buy Stop order right above the resistance zone. | An exit @3.07. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.48 points, which is 13.52%. | For a 1.00% total portfolio risk, you can invest 7.40% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:ALGEN (6/13/2025, 7:00:00 PM)
3.45
-0.01 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.29%
1 Week1.17%
2 Weeks5.18%
1 Month9.18%
3 Month-1.43%
6 Month-13.53%
12 Month-11.54%
2 Year-11.99%
3 Year14.81%
5 Year53.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%2.72%
ATR Inc-21.13%
Range Today0.06
ADR(20)0.09
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.87
Mansfield-0.84
10 Day High3.5
10 Day Low3.08
20 Day High3.5
20 Day Low3.08
52 Week High4.4
52 Week Low2.4
CS1 End3.36
CR1 Start3.46
Volume & EV
DER(3)0%
DER(5)0%
Volume1.36K
Volume Incr-8.64%
Vol(5)2.62K
Vol(50)4.77K