EGIDE (ALGID.PA) Stock Technical Analysis
EPA:ALGID - Euronext Paris - Matif - FR0000072373 - Common Stock - Currency: EUR
Overall ALGID gets a technical rating of 2 out of 10. ALGID has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month ALGID has a been trading in the 0.52 - 0.68 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that ALGID is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ALGID is part of the Electronic Equipment, Instruments & Components industry. There are 51 other stocks in this industry, ALGID did better than 66% of them.
ALGID is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALGID is lagging the market.
Although the technical rating is bad, ALGID does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.53, a Stop Loss order could be placed below this zone.
More info and screens
0.48
0.73
5 important support areas can be observed.
- Support @0.53 from a horizontal line in the daily time frame.
- Support @0.52 from a trend line in the daily time frame.
- Support @0.51 from a horizontal line in the daily time frame.
- A support zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.48 from a horizontal line in the weekly time frame.
We can see 6 important resistance areas.
- Resistance @0.53 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.58 from a horizontal line in the daily time frame.
- Resistance @0.59 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.64 to 0.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.72 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 ALGID.PA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALGID.PA is down. |
| ChartMill Relative Strength | 72.39 | POSITIVE | ALGID.PA has a high relative strength, it outperformed 72.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALGID.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALGID.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALGID.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.95 | NEUTRAL | The RSI value for ALGID.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALGID.PA has a negative trend. |
| Stochastics (14,3) | 9.92 | OVERSOLD | The low Stochastics value suggests ALGID.PA may be oversold. |
| Average True Range in percent/ATR (20) | 8.15 | HIGH VOLATILITY | The high ATR as a percentage value for ALGID.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.39 | NEGATIVE | The low ADX value for ALGID.PA suggests a weak or negative 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:ALGID (8/5/2025, 7:00:00 PM)
0.53
0 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.38%
1 Week-7.02%
2 Weeks-6.69%
1 Month1.92%
3 Month0.82%
6 Month33.17%
12 Month23.54%
2 Year-19.7%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%8.15%
ATR Inc-55.77%
Range Today0.03
ADR(20)0.04
ADR(20)%7.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.39
Mansfield0.5
10 Day High0.58
10 Day Low0.52
20 Day High0.68
20 Day Low0.52
52 Week High0.85
52 Week Low0.22
CS1 End0.53
CR1 Start0.53
Volume & EV
DER(3)0%
DER(5)0%
Volume8.80K
Volume Incr-26.4%
Vol(5)36.73K
Vol(50)36.15K