21SHARES ALGORAND ETP USD (ALGO.PA) Stock Technical Analysis
EPA:ALGO - CH1146882316 - ETF
2.0401 EUR
+0.07 (+3.81%)
Taking everything into account, ALGO scores 3 out of 10 in our technical rating. Although ALGO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
ALGO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ALGO has a been trading in the 1.99 - 2.41 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ALGO has an average volume of 3070 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, ALGO did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
The technical rating of ALGO 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
1.26
2.28
We found 4 important support areas.
- A support zone ranging from 1.94 to 1.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.64 from a trend line in the daily time frame.
- Support @1.52 from a horizontal line in the daily time frame.
- Support @1.27 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.05 to 2.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.15 to 2.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.26 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 | DOWN | NEGATIVE | The long term trend for ALGO.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALGO.PA is down. |
| ChartMill Relative Strength | 91.4 | POSITIVE | ALGO.PA has a high relative strength, it outperformed 91.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALGO.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ALGO.PA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ALGO.PA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.59 | NEUTRAL | The RSI value for ALGO.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ALGO.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | -0.09 | OVERSOLD | The low Stochastics value suggests ALGO.PA may be oversold. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for ALGO.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 10.55 | NEGATIVE | The low ADX value for ALGO.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:ALGO (9/8/2025, 7:00:00 PM)
2.0401
+0.07 (+3.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.81%
1 Week-6.84%
2 Weeks-6.06%
1 Month-3%
3 Month13.03%
6 Month-9.08%
12 Month56.49%
2 Year103.4%
3 Year-50.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%3.39%
ATR Inc-4.7%
Range Today0.05
ADR(20)0.03
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.4
Mansfield-1.58
10 Day High2.2
10 Day Low1.99
20 Day High2.41
20 Day Low1.99
52 Week High5.82
52 Week Low0.96
CS1 End1.96
CR1 Start2.05
Volume & EV
DER(3)0%
DER(5)0%
Volume1.17K
Volume Incr-87.66%
Vol(5)388.2
Vol(50)3.07K