MADVERTISE (ALMNG.PA) Stock Technical Analysis
EPA:ALMNG - Euronext Paris - Matif - FR0010812230 - Common Stock - Currency: EUR
Taking everything into account, ALMNG scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ALMNG was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ALMNG is a bad performer in the overall market: 88% of all stocks are doing better.
ALMNG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALMNG is lagging the market.
In the last month ALMNG has a been trading in the 0.34 - 0.52 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ALMNG has an average volume of 18111 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ALMNG is an average performer in the Media industry, it outperforms 44% of 68 stocks in the same industry.
ALMNG has a poor technical rating and the quality of the setup is also not perfect 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
0.34
0.55
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.35 from a horizontal line in the daily time frame.
- A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @0.41 from a trend line in the daily time frame.
- Resistance @0.42 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.54 from a trend 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 ALMNG.PA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALMNG.PA is neutral. |
| ChartMill Relative Strength | 12.07 | NEGATIVE | ALMNG.PA has a low relative strength, it was outperformed by 87.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALMNG.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ALMNG.PA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALMNG.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.96 | NEUTRAL | The RSI value for ALMNG.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALMNG.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.44 | NEUTRAL | The Stochastics value for ALMNG.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.16 | HIGH VOLATILITY | The high ATR as a percentage value for ALMNG.PA suggests high volalility. |
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:ALMNG (7/28/2022, 7:00:00 PM)
0.391
+0.03 (+8.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg8.61%
1 Week3.99%
2 Weeks-2.25%
1 Month10.14%
3 Month0%
6 Month19.03%
12 Month-40.21%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%6.16%
ATR Inc-0.54%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.07
Mansfield-0.9
10 Day High0.41
10 Day Low0.34
20 Day High0.52
20 Day Low0.34
52 Week High0.75
52 Week Low0.28
CS1 End0.38
CR1 Start0.41
Volume & EV
DER(3)0%
DER(5)0%
Volume49.73K
Volume Incr-9.63%
Vol(5)19.42K
Vol(50)18.11K