METHANOR SCA (ALMET.PA) Stock Technical Analysis
EPA:ALMET - Euronext Paris - Matif - FR0011217710 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to ALMET. Although ALMET is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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 7650 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ALMET is part of the Chemicals industry. There are 69 other stocks in this industry. ALMET outperforms 72% 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.
In the last month ALMET has a been trading in the 2.44 - 3.02 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ALMET did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, ALMET also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.90, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.16
3.17
4 important support areas can be observed.
- A support zone ranging from 2.88 to 2.90. 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 2.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.25 from a trend line in the weekly time frame.
- Support @2.18 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.98 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.08 to 3.09. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @3.14 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for ALMET.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALMET.PA is up. |
| ChartMill Relative Strength | 74.54 | POSITIVE | ALMET.PA has a high relative strength, it outperformed 74.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALMET.PA is above the rising 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) | 60.76 | NEUTRAL | The RSI value for ALMET.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALMET.PA has a positive trend. |
| Stochastics (14,3) | 90.57 | OVERBOUGHT | The high Stochastics value suggests ALMET.PA may be overbought. |
| Average True Range in percent/ATR (20) | 5.3 | HIGH VOLATILITY | The high ATR as a percentage value for ALMET.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.11 | 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)
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 |
|---|---|---|---|
| 2.99 | 2.87 | 0.12 (4.01%) | 24.92% |
| An entry @2.99. This is a Buy Stop order right above the resistance zone. | An exit @2.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.12 points, which is 4.01%. | For a 1.00% total portfolio risk, you can invest 24.92% 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 (7/11/2025, 7:00:00 PM)
2.98
-0.02 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.67%
1 Week8.76%
2 Weeks4.2%
1 Month17.32%
3 Month11.21%
6 Month56.84%
12 Month17.79%
2 Year-19.46%
3 Year-23.59%
5 Year-46.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%5.3%
ATR Inc-37.78%
Range Today0.14
ADR(20)0.13
ADR(20)%4.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.54
Mansfield1.7
10 Day High3.02
10 Day Low2.72
20 Day High3.02
20 Day Low2.44
52 Week High3.15
52 Week Low1.56
CS1 End2.9
CR1 Start2.98
Volume & EV
DER(3)0%
DER(5)0%
Volume426
Volume Incr46.7%
Vol(5)2.58K
Vol(50)7.65K