EPA:ALLGO - Euronext Paris - Matif - FR0013308582 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to ALLGO. ALLGO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, ALLGO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.27, a Stop Loss order could be placed below this zone.
1.65
3 important support areas can be observed.
We can see 3 important resistance 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 | DOWN | NEGATIVE | The long term trend for ALLGO.PA is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALLGO.PA is down. |
ChartMill Relative Strength | 29.15 | NEGATIVE | ALLGO.PA has a low relative strength, it was outperformed by 70.85% off all stocks 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 | MIXED | The current price of ALLGO.PA is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 44.35 | NEUTRAL | The RSI value for ALLGO.PA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ALLGO.PA has a positive trend. |
Stochastics (14,3) | 46.97 | NEUTRAL | The Stochastics value for ALLGO.PA is a neutral value. |
Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for ALLGO.PA suggests some volalility. |
Average Directional Index/ADX (14) | 36.91 | POSITIVE | The high ADX value value for ALLGO.PA suggests a strong trend. |
EPA:ALLGO (8/7/2025, 7:00:00 PM)
2.28
+0.01 (+0.44%)