GENOWAY SA (ALGEN.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:ALGEN - FR0004053510 - Common Stock
Taking everything into account, ALGEN scores 1 out of 10 in our technical rating. 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.
The technical rating of ALGEN is bad and it also does not present a 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
2.35
We found 1 important support area.
- Support @2.37 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.54 to 2.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.71 to 2.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.88 from a trend line in the daily time frame.
- Resistance @3.12 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 | 5.85 | NEGATIVE | ALGEN.PA has a low relative strength, it was outperformed by 94.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALGEN.PA is below the rising 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) | 43.32 | 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. |
| Stochastics (14,3) | 12.73 | OVERSOLD | The low Stochastics value suggests ALGEN.PA may be oversold. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for ALGEN.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.26 | POSITIVE | The high ADX value value for ALGEN.PA suggests a strong trend. |
EPA:ALGEN (1/9/2026, 7:00:00 PM)
2.5
-0.06 (-2.34%)
GENOWAY SA / ALGEN.PA FAQ
Can you provide the ChartMill technical rating for GENOWAY SA?
ChartMill assigns a technical rating of 1 / 10 to ALGEN.PA.
What is the current trend direction of GENOWAY SA (ALGEN.PA) stock?
The current trend direction for GENOWAY SA (ALGEN.PA) is Bearish.
What is the RSI signal for ALGEN stock?
GENOWAY SA (ALGEN.PA) has an RSI value of 43.3246. This indicates that the stock is currently neutral.
What is the short term momentum for ALGEN stock?
The short term momentum for GENOWAY SA (ALGEN.PA) is negative.
What are the support and resistance levels for GENOWAY SA (ALGEN.PA) stock?
GENOWAY SA (ALGEN.PA) has a support level at 2.37 and a resistance level at 2.54. Check the full technical report for our detailed analysis of ALGEN.PA support and resistance levels.