NETGEM SA (ALNTG.PA) Stock Technical Analysis
EPA:ALNTG - Euronext Paris - Matif - FR0004154060 - Common Stock - Currency: EUR
Overall ALNTG gets a technical rating of 3 out of 10. ALNTG has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
ALNTG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 0.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.97, a Stop Loss order could be placed below this zone.
More info and screens
0.91
3 important support areas can be observed.
- A support zone ranging from 0.96 to 0.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.92 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.98 to 0.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.00 to 1.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.03 from a horizontal line in the daily time frame.
- Resistance @1.11 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for ALNTG.PA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALNTG.PA is neutral. |
| ChartMill Relative Strength | 56.06 | NEUTRAL | ALNTG.PA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALNTG.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ALNTG.PA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ALNTG.PA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.99 | NEUTRAL | The RSI value for ALNTG.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALNTG.PA has a negative trend. |
| Stochastics (14,3) | 56.52 | NEUTRAL | The Stochastics value for ALNTG.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for ALNTG.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for ALNTG.PA suggests a weak or negative trend. |
EPA:ALNTG (7/18/2025, 7:00:00 PM)
0.976
0 (-0.41%)