ALREA Technical Analysis - REALITES

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to ALREA. ALREA 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 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.

98% of all other stocks performed better in the past year than ALREA.

ALREA is one of the lesser performing stocks in the Real Estate Management & Development industry. 82% of 75 stocks in the same industry do better.

ALREA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

ALREA 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: ALREA has an average volume of 1401 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

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

ALREA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.93

1.35

We found 1 important support area.

A support zone ranging from 0.94 to 0.95. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

Resistance @1.01 from a horizontal line in the weekly time frame.
A resistance zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @1.13 from a trend line in the daily time frame.
Resistance @1.34 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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	DOWN	NEGATIVE	The long term trend for ALREA.PA is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for ALREA.PA is neutral.
ChartMill Relative Strength	2.73	NEGATIVE	ALREA.PA has a low relative strength, it was outperformed by 97.27% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ALREA.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ALREA.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ALREA.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	42.05	NEUTRAL	The RSI value for ALREA.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests ALREA.PA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	8	OVERSOLD	The low Stochastics value suggests ALREA.PA may be oversold.
Average True Range in percent/ATR (20)	4.7	MEDIUM VOLATILITY	The ATR as a percentage value for ALREA.PA suggests some volalility.
Average Directional Index/ADX (14)	14.57	NEGATIVE	The low ADX value for ALREA.PA suggests a weak or negative trend.