ALKEMY SPA (ALK.MI) Stock Technical Analysis
BIT:ALK - Euronext Milan - IT0005314635 - Common Stock - Currency: EUR
Taking everything into account, ALK scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ALK is only an average performer.
Warning: ALK has an average volume of 8724 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ALK is one of the better performing stocks in the Professional Services industry, it outperforms 86% of 31 stocks in the same industry.
ALK 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 ALK is lagging the market slightly.
In the last month ALK has a been trading in the 11.00 - 12.00 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ALK is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
ALK has an average technical rating and the quality of the presented setup is also not ideal 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
8.93
12.84
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.59 to 11.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.14 to 11.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.80 from a trend line in the daily time frame.
- Support @9.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @11.96 from a horizontal line in the daily time frame.
- Resistance @12.20 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.64 to 12.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ALK.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALK.MI is up. |
| ChartMill Relative Strength | 75.39 | POSITIVE | ALK.MI has a high relative strength, it outperformed 75.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALK.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ALK.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALK.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.87 | NEUTRAL | The RSI value for ALK.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ALK.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.33 | NEUTRAL | The Stochastics value for ALK.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for ALK.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.44 | NEGATIVE | The low ADX value for ALK.MI suggests a weak or negative 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)
BIT:ALK (6/19/2025, 7:00:00 PM)
11.95
+0.05 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.42%
1 Week0.42%
2 Weeks0.84%
1 Month1.7%
3 Month-0.42%
6 Month-1.65%
12 Month28.36%
2 Year3.55%
3 Year-8.08%
5 Year98.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%1.4%
ATR Inc-77.42%
Range Today0.05
ADR(20)0.1
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.39
Mansfield-0.55
10 Day High11.95
10 Day Low11.8
20 Day High12
20 Day Low11
52 Week High12.98
52 Week Low8.78
CS1 End11.93
CR1 Start11.96
Volume & EV
DER(3)0%
DER(5)0%
Volume15.95K
Volume Incr19.99%
Vol(5)5.01K
Vol(50)8.72K