21SHARES ALGORAND ETP USD (ALGO.PA) Stock Technical Analysis
Europe - EPA:ALGO - CH1146882316 - ETF
Taking everything into account, ALGO scores 0 out of 10 in our technical rating. ALGO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
1.29
2 important support areas can be observed.
- A support zone ranging from 1.34 to 1.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.30 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.62 to 1.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.69 from a trend 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 ALGO.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALGO.PA is down. |
| ChartMill Relative Strength | 15.97 | NEGATIVE | ALGO.PA has a low relative strength, it was outperformed by 84.03% 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) | DOWN | NEGATIVE | The current price of ALGO.PA is below a declining 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) | 38.09 | NEUTRAL | The RSI value for ALGO.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALGO.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.07 | NEUTRAL | The Stochastics value for ALGO.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.21 | HIGH VOLATILITY | The high ATR as a percentage value for ALGO.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.38 | POSITIVE | The high ADX value value for ALGO.PA suggests a strong trend. |
EPA:ALGO (11/14/2025, 7:00:00 PM)
1.4198
-0.19 (-11.92%)
21SHARES ALGORAND ETP USD / ALGO.PA FAQ
Can you provide the ChartMill technical rating for 21SHARES ALGORAND ETP USD?
ChartMill assigns a technical rating of 0 / 10 to ALGO.PA.
What is the trend direction for ALGO stock?
The current trend direction for 21SHARES ALGORAND ETP USD (ALGO.PA) is Bearish.
What is the RSI signal for ALGO stock?
21SHARES ALGORAND ETP USD (ALGO.PA) has an RSI value of 38.0923. This indicates that the stock is currently neutral.
Can you provide the MACD signal for 21SHARES ALGORAND ETP USD?
The MACD indicator for 21SHARES ALGORAND ETP USD (ALGO.PA) has a value of -0.0107591, indicating a bearish trend.
Can you provide the buy/sell signal for 21SHARES ALGORAND ETP USD?
The buy/sell signal for 21SHARES ALGORAND ETP USD (ALGO.PA) is sell as both the short term and long term trends are negative.