ALIMO Technical Analysis - GROUPIMO

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to ALIMO. ALIMO's overall performance in the market is below average. Also 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.

When comparing the yearly performance of all stocks, ALIMO is a bad performer in the overall market: 92% of all stocks are doing better.

ALIMO is part of the Real Estate Management & Development industry. There are 75 other stocks in this industry, of which 70% are performing better than ALIMO.

ALIMO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month ALIMO has a been trading in the 0.20 - 0.30 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been consolidating recently, but much resistance may still be present above.

Warning: ALIMO has an average volume of 1545 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of ALIMO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.18

0.29

2 important support areas can be observed.

A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

Resistance @0.28 from a trend line in the daily time frame.
Resistance @0.29 from a trend line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	DOWN	NEGATIVE	The long term trend for ALIMO.PA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ALIMO.PA is down.
ChartMill Relative Strength	8.48	NEGATIVE	ALIMO.PA has a low relative strength, it was outperformed by 91.52% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ALIMO.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of ALIMO.PA is below the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ALIMO.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	49.34	NEUTRAL	The RSI value for ALIMO.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests ALIMO.PA has a positive trend.
Stochastics (14,3)	100	OVERBOUGHT	The high Stochastics value suggests ALIMO.PA may be overbought.
Average True Range in percent/ATR (20)	6.95	HIGH VOLATILITY	The high ATR as a percentage value for ALIMO.PA suggests high volalility.
Average Directional Index/ADX (14)	18.26	NEGATIVE	The low ADX value for ALIMO.PA suggests a weak or negative trend.