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NOXXON PHARMA NV (ALNOX.PA) Stock Technical Analysis

EPA:ALNOX - Euronext Paris - Matif - NL0012044762 - Common Stock - Currency: EUR

0.041  -0.01 (-18%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ALNOX. ALNOX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than ALNOX.
ALNOX is part of the Biotechnology industry. There are 73 other stocks in this industry, of which 88% are performing better than ALNOX.
ALNOX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ALNOX has a been trading in the 0.04 - 0.08 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.
ALNOX has an average volume of 5237310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
NOXXON PHARMA NV / ALNOX Weekly stock chart
NOXXON PHARMA NV / ALNOX Daily stock chart
Setup Rating and Analysis

3

The technical rating of ALNOX 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.

Support and Resistance Analysis

0.04

0.07

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ALNOX.PA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ALNOX.PA is down.
ChartMill Relative Strength0.67NEGATIVEALNOX.PA has a low relative strength, it was outperformed by 99.33% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ALNOX.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ALNOX.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ALNOX.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)29.28OVERSOLDThe low RSI value suggests ALNOX.PA may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests ALNOX.PA has a positive trend, although the MACD value is declining.
Stochastics (14,3)21.08NEUTRALThe Stochastics value for ALNOX.PA is a neutral value.
Average True Range in percent/ATR (20)20.44HIGH VOLATILITYThe high ATR as a percentage value for ALNOX.PA suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
NOXXON PHARMA NV / ALNOX Daily stock chart

NOXXON PHARMA NV

EPA:ALNOX (7/18/2022, 7:00:00 PM)

0.041

-0.01 (-18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-18%
1 Week-19.45%
2 Weeks-23.36%
1 Month-38.99%
3 Month-63.46%
6 Month-84.57%
12 Month-88.28%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%20.44%
ATR Inc-2.24%
Range Today0.01
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
CRS0.67
Mansfield-7.72
10 Day High0.07
10 Day Low0.04
20 Day High0.08
20 Day Low0.04
52 Week High0.41
52 Week Low0.04
CS1 EndN/A
CR1 Start0.05
Volume & EV
DER(3)0%
DER(5)0%
Volume10.21M
Volume Incr-18.5%
Vol(5)3.73M
Vol(50)5.24M