ALPJT Technical Analysis - POUJOULAT

Technical Rating and Analysis

Taking everything into account, ALPJT scores 0 out of 10 in our technical rating. ALPJT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, ALPJT is a bad performer in the overall market: 95% of all stocks are doing better.

ALPJT is part of the Building Products industry. There are 21 other stocks in this industry, of which 75% are performing better than ALPJT.

ALPJT 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 ALPJT is lagging the market.

ALPJT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

Warning: ALPJT has an average volume of 3821 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

ALPJT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 9.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.99, a Stop Loss order could be placed below this zone.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

8.82

11.11

When analyzing the support we notice one important area.

A support zone ranging from 8.91 to 8.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 9.00 to 9.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 9.97 to 9.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @10.47 from a trend line in the weekly time frame.
Resistance @11.00 from a horizontal line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for ALPJT.PA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ALPJT.PA is down.
ChartMill Relative Strength	5.39	NEGATIVE	ALPJT.PA has a low relative strength, it was outperformed by 94.61% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ALPJT.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ALPJT.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ALPJT.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	40.66	NEUTRAL	The RSI value for ALPJT.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests ALPJT.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	42.03	NEUTRAL	The Stochastics value for ALPJT.PA is a neutral value.
Average True Range in percent/ATR (20)	2.64	MEDIUM VOLATILITY	The ATR as a percentage value for ALPJT.PA suggests some volalility.
Average Directional Index/ADX (14)	33.29	POSITIVE	The high ADX value value for ALPJT.PA suggests a strong trend.