NOVACYT (ALNOV.PA) Stock Technical Analysis
EPA:ALNOV - Euronext Paris - Matif - FR0010397232 - Common Stock - Currency: EUR
We assign a technical rating of 3 out of 10 to ALNOV. In the past year, ALNOV 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 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, ALNOV is a bad performer in the overall market: 88% of all stocks are doing better.
ALNOV is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ALNOV is lagging the market.
In the last month ALNOV has a been trading in the 0.45 - 0.73 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ALNOV is an average performer in the Biotechnology industry, it outperforms 58% of 73 stocks in the same industry.
The technical rating of ALNOV is bad and it also does not present a 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
0.44
0.74
When analyzing the support we can see 2 important areas.
- Support @0.46 from a trend line in the daily time frame.
- A support zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @0.53 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.70 from a trend line in the daily time frame.
- Resistance @0.73 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 | DOWN | NEGATIVE | The long term trend for ALNOV.PA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALNOV.PA is neutral. |
| ChartMill Relative Strength | 12.97 | NEGATIVE | ALNOV.PA has a low relative strength, it was outperformed by 87.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALNOV.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ALNOV.PA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALNOV.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.27 | NEUTRAL | The RSI value for ALNOV.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALNOV.PA has a negative trend. |
| Stochastics (14,3) | 9.89 | OVERSOLD | The low Stochastics value suggests ALNOV.PA may be oversold. |
| Average True Range in percent/ATR (20) | 9.3 | HIGH VOLATILITY | The high ATR as a percentage value for ALNOV.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.18 | POSITIVE | The high ADX value value for ALNOV.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:ALNOV (6/17/2025, 7:00:00 PM)
0.5
-0.03 (-5.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.66%
1 Week-9.22%
2 Weeks-11.46%
1 Month7.73%
3 Month-8.23%
6 Month-18.24%
12 Month-13.75%
2 Year18.45%
3 Year-73.09%
5 Year-82.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%9.3%
ATR Inc-6.53%
Range Today0.02
ADR(20)0.04
ADR(20)%8.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.97
Mansfield-2.41
10 Day High0.59
10 Day Low0.5
20 Day High0.74
20 Day Low0.45
52 Week High1.59
52 Week Low0.42
CS1 End0.46
CR1 Start0.53
Volume & EV
DER(3)0%
DER(5)0%
Volume102.05K
Volume Incr-57.61%
Vol(5)272.89K
Vol(50)375.28K