EPA:ALLGO - Euronext Paris - Matif - FR0013308582 - Common Stock - Currency: EUR
Overall ALLGO gets a technical rating of 2 out of 10. ALLGO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
ALLGO has a bad technical rating, but it does show 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 2.59. Right above this resistance zone may be a good entry point.
1.65
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice 2 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 | UP | POSITIVE | The long term trend for ALLGO.PA is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALLGO.PA is down. |
ChartMill Relative Strength | 35.39 | NEUTRAL | ALLGO.PA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALLGO.PA is below the rising 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) | 48.2 | NEUTRAL | The RSI value for ALLGO.PA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALLGO.PA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 23.19 | NEUTRAL | The Stochastics value for ALLGO.PA is a neutral value. |
Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLGO.PA suggests some volalility. |
Average Directional Index/ADX (14) | 15.04 | NEGATIVE | The low ADX value for ALLGO.PA suggests a weak or negative trend. |
EPA:ALLGO (5/30/2025, 7:00:00 PM)
2.51
+0.02 (+0.8%)