REWORLD (ALREW.PA) Stock Technical Analysis
EPA:ALREW - Euronext Paris - Matif - FR0010820274 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to ALREW. ALREW has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
ALREW has only a medium 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 1.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.61, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.21
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.61 to 1.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.57 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.29 from a trend line in the daily time frame.
- Support @1.22 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.70 to 1.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.76 to 1.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.71 | 1.60 | 0.11 (6.43%) | 15.55% |
| An entry @1.71. This is a Buy Stop order right above the resistance zone. | An exit @1.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.11 points, which is 6.43%. | When investing 15.55% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:ALREW (5/20/2025, 7:00:00 PM)
1.69
+0.05 (+2.92%)