(ALI.DE) Technical Analysis
FRA:ALI • CA0203981034
Current stock price
ALI.DE Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ALI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALI is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ALI did better than 99% of all other stocks. We also observe that the gains produced by ALI over the past year are nicely spread over this period.
- ALI is part of the Metals & Mining industry. There are 44 other stocks in this industry. ALI outperforms 97% of them.
- ALI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALI is lagging the market slightly.
- In the last month ALI has a been trading in the 1.92 - 3.15 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ALI.DE Weekly and Daily overview Charts
ALI.DE Setup Rating and Analysis
Although ALI has an excellent technical rating, it does not offer a high 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
ALI.DE Support and Resistance Analysis
1.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.85 to 1.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.74 from a trend line in the daily time frame.
- Support @1.50 from a horizontal line in the daily time frame.
ALI.DE Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for ALI.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALI.DE is up. |
| ChartMill Relative Strength | 99.52 | POSITIVE | ALI.DE has a high relative strength, it outperformed 99.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALI.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALI.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALI.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.66 | OVERBOUGHT | The high RSI value suggests ALI.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ALI.DE has a positive trend. |
| Stochastics (14,3) | 66.09 | NEUTRAL | The Stochastics value for ALI.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.31 | HIGH VOLATILITY | The high ATR as a percentage value for ALI.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 45.47 | POSITIVE | The high ADX value value for ALI.DE suggests a strong trend. |
ALI.DE Chart- and CandleStick Pattern Analysis
ALI.DE Technicals: Chart, Performance Metrics, Trend & Indicators
/ ALI.DE TA FAQ
What is the technical rating for ALI stock?
ChartMill assigns a technical rating of 10 / 10 to ALI.DE.
What is the current trend direction of (ALI.DE) stock?
The current trend direction for (ALI.DE) is Bullish.
What is the RSI signal for ALI stock?
(ALI.DE) has an RSI value of 75.6647. This indicates that the stock is currently overbought.
Can you provide the short term momentum for ?
The short term momentum for (ALI.DE) is positive.
What is the support and resistance level for ALI stock?
(ALI.DE) has a support level at 1.87. Check the full technical report for our detailed analysis of ALI.DE support and resistance levels.