ALMIN Technical Analysis - MINT

Technical Rating and Analysis

Taking everything into account, ALMIN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ALMIN has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: ALMIN has an average volume of 13265 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.

Looking at the yearly performance, ALMIN did better than 97% of all other stocks. On top of that, ALMIN also shows a nice and consistent pattern of rising prices.

ALMIN is one of the better performing stocks in the Electric Utilities industry, it outperforms 100% of 18 stocks in the same industry.

ALMIN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month ALMIN has a been trading in the 5.02 - 6.10 range, which is quite wide. It is currently trading near the high of this range.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

Although ALMIN has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

4.47

6.06

When analyzing the support we can see 5 important areas.

Support @5.37 from a horizontal line in the weekly time frame.
A support zone ranging from 5.18 to 5.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @4.94 from a trend line in the daily time frame.
Support @4.68 from a trend line in the weekly time frame.
Support @4.52 from a trend line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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 ALMIN.PA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ALMIN.PA is up.
ChartMill Relative Strength	97.74	POSITIVE	ALMIN.PA has a high relative strength, it outperformed 97.74% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ALMIN.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ALMIN.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ALMIN.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	68.96	NEUTRAL	The RSI value for ALMIN.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.05	POSITIVE	The MACD value suggests ALMIN.PA has a positive trend.
Stochastics (14,3)	91.98	OVERBOUGHT	The high Stochastics value suggests ALMIN.PA may be overbought.
Average True Range in percent/ATR (20)	3.77	MEDIUM VOLATILITY	The ATR as a percentage value for ALMIN.PA suggests some volalility.
Average Directional Index/ADX (14)	22.43	NEUTRAL	The ADX value for ALMIN.PA suggests a possible start of a new trend.