GENOWAY SA (ALGEN.PA) Stock Technical Analysis
Europe - EPA:ALGEN - FR0004053510 - Common Stock
Overall ALGEN gets a technical rating of 0 out of 10. ALGEN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ALGEN 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.
More info and screens
2.71
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.86 to 3.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.09 to 3.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong resistance @3.46 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 | DOWN | NEGATIVE | The long term trend for ALGEN.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALGEN.PA is down. |
| ChartMill Relative Strength | 8.25 | NEGATIVE | ALGEN.PA has a low relative strength, it was outperformed by 91.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALGEN.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALGEN.PA is below a declining 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) | 37.89 | NEUTRAL | The RSI value for ALGEN.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALGEN.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.22 | OVERSOLD | The low Stochastics value suggests ALGEN.PA may be oversold. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for ALGEN.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.7 | POSITIVE | The high ADX value value for ALGEN.PA suggests a strong trend. |
EPA:ALGEN (10/24/2025, 7:00:00 PM)
2.74
-0.03 (-1.08%)
GENOWAY SA / ALGEN.PA FAQ
Can you provide the ChartMill technical rating for GENOWAY SA?
ChartMill assigns a technical rating of 0 / 10 to ALGEN.PA.
Can you provide the trend direction for GENOWAY SA?
The current trend direction for GENOWAY SA (ALGEN.PA) is Bearish.
What is the RSI signal for GENOWAY SA (ALGEN.PA) stock?
GENOWAY SA (ALGEN.PA) has an RSI value of 37.8935. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GENOWAY SA?
The short term momentum for GENOWAY SA (ALGEN.PA) is negative.
Can you provide the buy/sell signal for GENOWAY SA?
The buy/sell signal for GENOWAY SA (ALGEN.PA) is sell as both the short term and long term trends are negative.