GENOWAY SA (ALGEN.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:ALGEN - FR0004053510 - Common Stock
Taking everything into account, ALGEN scores 0 out of 10 in our technical rating. ALGEN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
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2.49
When analyzing the support we notice one important area.
- A support zone ranging from 2.52 to 2.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.60 to 2.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.91 from a trend line in the weekly time frame.
- Resistance @2.99 from a trend line in the daily time frame.
- Resistance @3.12 from a horizontal line in the daily time frame.
- Resistance @3.55 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 | 6.9 | NEGATIVE | ALGEN.PA has a low relative strength, it was outperformed by 93.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALGEN.PA is above 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) | 50 | NEUTRAL | The RSI value for ALGEN.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ALGEN.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.27 | NEUTRAL | The Stochastics value for ALGEN.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for ALGEN.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.33 | POSITIVE | The high ADX value value for ALGEN.PA suggests a strong trend. |
EPA:ALGEN (11/28/2025, 7:00:00 PM)
2.55
0 (0%)
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 50.0027. 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.