ALKEMY SPA (ALK.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ALK - IT0005314635 - Common Stock
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.
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
We found 4 important support 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.
When analyzing the resistance we notice 2 important areas.
- 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.
What is the current trend direction of ALKEMY SPA (ALK.MI) stock?
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 ALK stock?
The buy/sell signal for ALKEMY SPA (ALK.MI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for ALK stock?
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.