COGELEC (ALLEC.PA) Stock Technical Analysis
EPA:ALLEC - FR0013335742 - Common Stock
28.9 EUR
0 (0%)
We assign a technical rating of 10 out of 10 to ALLEC. Both in the recent history as in the last year, ALLEC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ALLEC has an average volume of 13238 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.
Looking at the yearly performance, ALLEC did better than 98% of all other stocks. On top of that, ALLEC also shows a nice and consistent pattern of rising prices.
ALLEC is one of the better performing stocks in the Communications Equipment industry, it outperforms 96% of 26 stocks in the same industry.
ALLEC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ALLEC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
In the last month ALLEC has a been trading in a tight range between 28.60 and 29.00.
ALLEC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 29.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.85, a Stop Loss order could be placed below this zone.
More info and screens
21.98
29.29
We found 3 important support areas.
- A support zone ranging from 28.22 to 28.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.03 from a trend line in the daily time frame.
- Support @22.20 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.00 to 29.00. 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 ALLEC.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALLEC.PA is up. |
| ChartMill Relative Strength | 98.5 | POSITIVE | ALLEC.PA has a high relative strength, it outperformed 98.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALLEC.PA is above a declining 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) | 59.94 | NEUTRAL | The RSI value for ALLEC.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ALLEC.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for ALLEC.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.59 | LOW VOLATILITY | The low ATR as a percentage value for ALLEC.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.15 | POSITIVE | The high ADX value value for ALLEC.PA suggests a strong 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)
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 | 28.59 | 0.42 (1.45%) | 25.00% |
| An entry @29.01. This is a Buy Stop order right above the resistance zone. | An exit @28.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.42 points, which is 1.45%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.36%. |
- 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 (9/4/2025, 7:00:00 PM)
28.9
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0%
1 Week0%
2 Weeks0.7%
1 Month0%
3 Month19.92%
6 Month37.62%
12 Month167.59%
2 Year282.78%
3 Year358.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.59%
ATR Inc-44%
Range Today0.1
ADR(20)0.17
ADR(20)%0.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.5
Mansfield2.91
10 Day High29
10 Day Low28.6
20 Day High29
20 Day Low28.6
52 Week High29.5
52 Week Low10.6
CS1 End28.85
CR1 Start29
Volume & EV
DER(3)0%
DER(5)0%
Volume15.07K
Volume Incr-22%
Vol(5)7.54K
Vol(50)13.24K