ALIMP Technical Analysis - IMPLANET

Technical Rating and Analysis

Overall ALIMP gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALIMP is showing a nice and steady performance.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.

Both the short term and long term trends are positive. This is a very positive sign.

ALIMP is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 98% of 58 stocks in the same industry.

ALIMP 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 ALIMP is lagging the market slightly.

Looking at the yearly performance, ALIMP did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.

In the last month ALIMP has a been trading in the 0.19 - 0.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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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

Although ALIMP has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.24

0.33

2 important support areas can be observed.

A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Support @0.24 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

Resistance @0.33 from a horizontal line in the daily time frame.

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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 ALIMP.PA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ALIMP.PA is up.
ChartMill Relative Strength	99.23	POSITIVE	ALIMP.PA has a high relative strength, it outperformed 99.23% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ALIMP.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ALIMP.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ALIMP.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	61.9	NEUTRAL	The RSI value for ALIMP.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests ALIMP.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	35.35	NEUTRAL	The Stochastics value for ALIMP.PA is a neutral value.
Average True Range in percent/ATR (20)	12.47	HIGH VOLATILITY	The high ATR as a percentage value for ALIMP.PA suggests high volalility.
Average Directional Index/ADX (14)	43.98	POSITIVE	The high ADX value value for ALIMP.PA suggests a strong trend.