ALKEMY SPA (ALK.MI) Stock Technical Analysis
BIT:ALK • IT0005314635
Overall ALK gets a technical rating of 6 out of 10. Although ALK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: ALK has an average volume of 8378 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- ALK is one of the better performing stocks in the Professional Services industry, it outperforms 90% of 34 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.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- Looking at the yearly performance, ALK did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ALK has an average technical rating and it also 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
8.93
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.65 to 11.96. 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 @10.84 from a trend line in the daily time frame.
- Support @9.02 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- 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 | 72.27 | POSITIVE | ALK.MI has a high relative strength, it outperformed 72.27% 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) | 57.11 | 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. |
| Stochastics (14,3) | 91.67 | OVERBOUGHT | The high Stochastics value suggests ALK.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for ALK.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.49 | NEGATIVE | The low ADX value for ALK.MI suggests a weak or negative trend. |
BIT:ALK (7/9/2025, 7:00:00 PM)
12
+0.05 (+0.42%)
ALKEMY SPA / ALK.MI FAQ
What is the ChartMill technical rating of ALKEMY SPA (ALK.MI) stock?
ChartMill assigns a technical rating of 6 / 10 to ALK.MI.
Can you provide the trend direction for ALKEMY SPA?
The current trend direction for ALKEMY SPA (ALK.MI) is Bullish.
What is the RSI signal for ALKEMY SPA (ALK.MI) stock?
ALKEMY SPA (ALK.MI) has an RSI value of 57.1054. This indicates that the stock is currently neutral.
What is the buy/sell signal for ALKEMY SPA (ALK.MI) stock?
The buy/sell signal for ALKEMY SPA (ALK.MI) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ALKEMY SPA?
ALKEMY SPA (ALK.MI) has a support level at 11.96 and a resistance level at 12.2. Check the full technical report for our detailed analysis of ALK.MI support and resistance levels.