EPA:ALLGO - Euronext Paris - Matif - FR0013308582 - Common Stock - Currency: EUR
Taking everything into account, ALLGO scores 2 out of 10 in our technical rating. ALLGO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, ALLGO does present a nice setup opportunity. 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 2.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.39, a Stop Loss order could be placed below this zone.
1.65
We found 4 important support areas.
When analyzing the resistance we notice 3 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for ALLGO.PA is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALLGO.PA is neutral. |
ChartMill Relative Strength | 44.1 | NEUTRAL | ALLGO.PA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALLGO.PA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALLGO.PA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALLGO.PA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 47.6 | NEUTRAL | The RSI value for ALLGO.PA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALLGO.PA has a positive trend. |
Stochastics (14,3) | 41.67 | NEUTRAL | The Stochastics value for ALLGO.PA is a neutral value. |
Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLGO.PA suggests some volalility. |
Average Directional Index/ADX (14) | 16.25 | NEGATIVE | The low ADX value for ALLGO.PA suggests a weak or negative trend. |
EPA:ALLGO (7/15/2025, 7:00:00 PM)
2.4
0 (0%)