21SHARES ALGORAND ETP USD (ALGO.PA) Stock Technical Analysis
EPA:ALGO - Euronext Paris - Matif - CH1146882316 - ETF - Currency: USD
Overall ALGO gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than ALGO.
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 1.45 - 2.31 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.
Warning: ALGO has an average volume of 3948 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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
1.21
3.08
We found 2 important support areas.
- A support zone ranging from 1.47 to 1.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.22 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.57 to 1.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 1.90 to 1.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.05 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 ALGO.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALGO.PA is down. |
| ChartMill Relative Strength | 4.88 | NEGATIVE | ALGO.PA has a low relative strength, it was outperformed by 95.12% 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) | DOWN | NEGATIVE | The current price of ALGO.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.42 | NEUTRAL | The RSI value for ALGO.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ALGO.PA has a negative trend. |
| Stochastics (14,3) | 9.53 | OVERSOLD | The low Stochastics value suggests ALGO.PA may be oversold. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for ALGO.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.7 | NEUTRAL | The ADX value for ALGO.PA suggests a possible start of a new 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 (6/26/2025, 7:00:00 PM)
1.4779
-0.09 (-5.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.47%
1 Week-18.12%
2 Weeks-17.85%
1 Month-16.41%
3 Month-20.13%
6 Month-64.13%
12 Month-33.96%
2 Year18.71%
3 Year-55.62%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.58%
ATR Inc1.85%
Range Today0.01
ADR(20)0.02
ADR(20)%1.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.88
Mansfield-3.25
10 Day High1.77
10 Day Low1.45
20 Day High2.31
20 Day Low1.45
52 Week High5.82
52 Week Low0.96
CS1 End1.47
CR1 Start1.57
Volume & EV
DER(3)0%
DER(5)0%
Volume2.00K
Volume Incr-52.26%
Vol(5)1.49K
Vol(50)3.95K