METHANOR SCA (ALMET.PA) Stock Technical Analysis
EPA:ALMET - Euronext Paris - Matif - FR0011217710 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to ALMET. ALMET'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
91% of all other stocks performed better in the past year than ALMET.
ALMET is one of the lesser performing stocks in the Chemicals industry. 67% of 66 stocks in the same industry do better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: ALMET has an average volume of 7523 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ALMET is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALMET is lagging the market slightly.
In the last month ALMET has a been trading in the 1.97 - 2.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ALMET does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.97
3.11
When analyzing the support we can see 3 important areas.
- Support @2.09 from a horizontal line in the weekly time frame.
- Support @2.05 from a trend line in the daily time frame.
- Support @1.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.35 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.51 to 2.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.08 from a horizontal line in the weekly time frame.
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 ALMET.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALMET.PA is down. |
| ChartMill Relative Strength | 9.2 | NEGATIVE | ALMET.PA has a low relative strength, it was outperformed by 90.8% 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) | DOWN | NEGATIVE | The current price of ALMET.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALMET.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.41 | NEUTRAL | The RSI value for ALMET.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ALMET.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.71 | NEUTRAL | The Stochastics value for ALMET.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.43 | HIGH VOLATILITY | The high ATR as a percentage value for ALMET.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.54 | POSITIVE | The high ADX value value for ALMET.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)
EPA:ALMET (5/26/2025, 7:00:00 PM)
2.26
-0.04 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.74%
1 Week7.62%
2 Weeks2.36%
1 Month-2.84%
3 Month-24.92%
6 Month25.56%
12 Month-13.08%
2 Year-39.89%
3 Year-44.61%
5 Year-57.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%8.43%
ATR Inc-74.1%
Range Today0.04
ADR(20)0.17
ADR(20)%7.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.2
Mansfield-0.43
10 Day High2.48
10 Day Low2.06
20 Day High2.48
20 Day Low1.97
52 Week High3.15
52 Week Low1.56
CS1 End2.09
CR1 Start2.35
Volume & EV
DER(3)0%
DER(5)0%
Volume4.43K
Volume Incr-79.61%
Vol(5)3.19K
Vol(50)7.52K