METHANOR SCA (ALMET.PA) Stock Technical Analysis
EPA:ALMET - Euronext Paris - Matif - FR0011217710 - Common Stock - Currency: EUR
We assign a technical rating of 7 out of 10 to ALMET. In the last year, ALMET was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: ALMET has an average volume of 1657 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ALMET is part of the Chemicals industry. There are 68 other stocks in this industry. ALMET outperforms 92% of them.
ALMET is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALMET is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that ALMET is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month ALMET has a been trading in the 2.74 - 3.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ALMET also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.98, a Stop Loss order could be placed below this zone.
More info and screens
2.25
3.12
When analyzing the support we can see 5 important areas.
- A support zone ranging from 2.97 to 2.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.87 to 2.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.73 to 2.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.33 from a trend line in the weekly time frame.
- Support @2.27 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.08 to 3.09. 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 ALMET.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALMET.PA is neutral. |
| ChartMill Relative Strength | 88.96 | POSITIVE | ALMET.PA has a high relative strength, it outperformed 88.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALMET.PA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALMET.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALMET.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.87 | NEUTRAL | The RSI value for ALMET.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ALMET.PA has a positive trend. |
| Stochastics (14,3) | 96.97 | OVERBOUGHT | The high Stochastics value suggests ALMET.PA may be overbought. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for ALMET.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.36 | NEGATIVE | The low ADX value for ALMET.PA suggests a weak or negative 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 |
|---|---|---|---|
| 3.10 | 2.96 | 0.14 (4.52%) | 22.14% |
| An entry @3.10. This is a Buy Stop order right above the resistance zone. | An exit @2.96. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 4.52%. | For a 1.00% total portfolio risk, you can invest 22.14% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ALMET. 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:ALMET (8/8/2025, 7:00:00 PM)
3
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0%
1 Week0.67%
2 Weeks0%
1 Month0%
3 Month36.43%
6 Month2.39%
12 Month21.95%
2 Year-14.29%
3 Year-23.08%
5 Year-48.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%3.83%
ATR Inc120%
Range Today0.18
ADR(20)0.1
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.96
Mansfield1.5
10 Day High3
10 Day Low2.74
20 Day High3.04
20 Day Low2.74
52 Week High3.15
52 Week Low1.56
CS1 End2.98
CR1 Start3.08
Volume & EV
DER(3)0%
DER(5)0%
Volume1.27K
Volume Incr36.22%
Vol(5)1.85K
Vol(50)1.66K