GENOWAY SA (ALGEN.PA) Stock Technical Analysis
EPA:ALGEN - Euronext Paris - Matif - FR0004053510 - Common Stock - Currency: EUR
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ALGEN is a bad performer in the overall market: 89% of all stocks are doing better.
ALGEN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: ALGEN has an average volume of 3287 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ALGEN is an average performer in the Biotechnology industry, it outperforms 54% 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 currently trading near new highs, so ALGEN is lagging the market.
Considerably lower volume is observed in the last couple of days.
ALGEN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.04, a Stop Loss order could be placed below this zone.
More info and screens
2.94
3.58
We found 1 important support area.
- A support zone ranging from 2.97 to 3.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.25 to 3.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.36 from a trend line in the daily time frame.
- 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.
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 | 11.21 | NEGATIVE | ALGEN.PA has a low relative strength, it was outperformed by 88.79% 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) | 47.88 | 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. |
| Stochastics (14,3) | 91.06 | OVERBOUGHT | The high Stochastics value suggests ALGEN.PA may be overbought. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for ALGEN.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 39.93 | 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)
EPA:ALGEN (8/8/2025, 7:00:00 PM)
3.12
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week2.63%
2 Weeks3.31%
1 Month-4.88%
3 Month1.98%
6 Month-5.74%
12 Month-22%
2 Year-14.05%
3 Year-15.68%
5 Year36.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%3.11%
ATR Inc-61.9%
Range Today0.03
ADR(20)0.09
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.21
Mansfield-1.78
10 Day High3.15
10 Day Low2.98
20 Day High3.28
20 Day Low2.74
52 Week High4.12
52 Week Low2.4
CS1 End3.04
CR1 Start3.25
Volume & EV
DER(3)0%
DER(5)0%
Volume293
Volume Incr-53.24%
Vol(5)1.88K
Vol(50)3.29K