ALPM Technical Analysis - PRECIA

Technical Rating and Analysis

Overall ALPM gets a technical rating of 2 out of 10. ALPM'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.

When comparing the yearly performance of all stocks, ALPM is a bad performer in the overall market: 62% of all stocks are doing better.

In the last month ALPM has a been trading in the 27.80 - 30.70 range, which is quite wide. It is currently trading near the lows of this range.

Warning: ALPM has an average volume of 1722 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long and short term trends are both neutral. This gives a pretty neutral overall picture!

ALPM is an average performer in the Machinery industry, it outperforms 46% of 107 stocks in the same industry.

ALPM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALPM is lagging the market.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

ALPM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 27.90, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

24.26

32.32

When analyzing the support we can see 2 important areas.

Support @27.90 from a horizontal line in the daily time frame.
A support zone ranging from 24.50 to 24.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

A resistance zone ranging from 28.73 to 29.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 30.16 to 30.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 31.40 to 32.00. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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	NEUTRAL	NEUTRAL	The long term trend for ALPM.PA is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for ALPM.PA is neutral.
ChartMill Relative Strength	38.18	NEUTRAL	ALPM.PA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ALPM.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of ALPM.PA is below the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ALPM.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	39.89	NEUTRAL	The RSI value for ALPM.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.21	NEGATIVE	The MACD value suggests ALPM.PA has a negative trend.
Stochastics (14,3)	12.73	OVERSOLD	The low Stochastics value suggests ALPM.PA may be oversold.
Average True Range in percent/ATR (20)	3.82	MEDIUM VOLATILITY	The ATR as a percentage value for ALPM.PA suggests some volalility.
Average Directional Index/ADX (14)	18.21	NEGATIVE	The low ADX value for ALPM.PA suggests a weak or negative trend.