ALSOG Technical Analysis - SOGECLAIR

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to ALSOG. ALSOG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

ALSOG is one of the lesser performing stocks in the Aerospace & Defense industry. 76% of 43 stocks in the same industry do better.

In the last month ALSOG has a been trading in the 23.10 - 27.80 range, which is quite wide. It is currently trading near the lows of this range.

Warning: ALSOG has an average volume of 1331 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

When comparing the performance of all stocks over the past year, ALSOG turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.

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

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

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

ALSOG has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

22.75

27.78

2 important support areas can be observed.

A support zone ranging from 23.70 to 23.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @22.98 from a trend line in the weekly time frame.

We found 1 important resistance area.

A resistance zone ranging from 27.20 to 27.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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	NEUTRAL	NEUTRAL	The long term trend for ALSOG.PA is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ALSOG.PA is down.
ChartMill Relative Strength	59.08	NEUTRAL	ALSOG.PA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ALSOG.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ALSOG.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ALSOG.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	31.92	NEUTRAL	The RSI value for ALSOG.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.22	NEGATIVE	The MACD value suggests ALSOG.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	22.62	NEUTRAL	The Stochastics value for ALSOG.PA is a neutral value.
Average True Range in percent/ATR (20)	2.77	MEDIUM VOLATILITY	The ATR as a percentage value for ALSOG.PA suggests some volalility.
Average Directional Index/ADX (14)	29.23	POSITIVE	The high ADX value value for ALSOG.PA suggests a strong trend.