MADVERTISE (ALMNG.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:ALMNG - FR0010812230 - Common Stock
We assign a technical rating of 2 out of 10 to ALMNG. In the past year, ALMNG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 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 part of the Media industry. There are 69 other stocks in this industry, of which 63% are performing better than ALMNG.
- ALMNG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- 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 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
We found 3 important support 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.
When analyzing the resistance we notice 4 important areas.
- 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. |
EPA:ALMNG (7/28/2022, 7:00:00 PM)
0.391
+0.03 (+8.61%)
MADVERTISE / ALMNG.PA FAQ
What is the technical rating for ALMNG stock?
ChartMill assigns a technical rating of 2 / 10 to ALMNG.PA.
Can you provide the trend direction for MADVERTISE?
The current trend direction for MADVERTISE (ALMNG.PA) is Bearish.
What is the RSI signal for ALMNG stock?
MADVERTISE (ALMNG.PA) has an RSI value of 51.9578. This indicates that the stock is currently neutral.
What is the short term momentum for ALMNG stock?
The short term momentum for MADVERTISE (ALMNG.PA) is neutral.