COGELEC (ALLEC.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:ALLEC - FR0013335742 - Common Stock
We assign a technical rating of 8 out of 10 to ALLEC. ALLEC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
ALLEC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 28.88, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
24.26
When analyzing the support we can see 2 important areas.
- A support zone ranging from 28.60 to 28.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.50 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.90 to 29.10. This zone is formed by a combination of multiple trend lines and important moving averages 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 ALLEC.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALLEC.PA is neutral. |
| ChartMill Relative Strength | 94.95 | POSITIVE | ALLEC.PA has a high relative strength, it outperformed 94.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALLEC.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALLEC.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALLEC.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.27 | NEUTRAL | The RSI value for ALLEC.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ALLEC.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for ALLEC.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for ALLEC.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 5.15 | NEGATIVE | The low ADX value for ALLEC.PA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 29.01 | 28.89 | 0.12 (0.41%) | 25.00% |
| An entry @29.01. This is a Buy Stop order right above the 10 day high. | An exit @28.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.12 points, which is 0.41%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.10%. |
- The distance between exit and entry is rather small compared to the average daily movement of ALLEC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:ALLEC (11/28/2025, 7:00:00 PM)
28.9
-0.1 (-0.34%)
COGELEC / ALLEC.PA FAQ
What is the ChartMill technical rating of COGELEC (ALLEC.PA) stock?
ChartMill assigns a technical rating of 8 / 10 to ALLEC.PA.
Can you provide the trend direction for COGELEC?
The current trend direction for COGELEC (ALLEC.PA) is Bullish.
What is the RSI signal for ALLEC stock?
COGELEC (ALLEC.PA) has an RSI value of 49.273. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COGELEC?
The MACD indicator for COGELEC (ALLEC.PA) has a value of 0.00124427, indicating a bearish trend.