SPINEWAY (ALSPW.PA) Stock Technical Analysis
EPA:ALSPW - Euronext Paris - Matif - FR001400N2P2 - Common Stock - Currency: EUR
Overall ALSPW gets a technical rating of 4 out of 10. In the past year, ALSPW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ALSPW is a bad performer in the overall market: 95% of all stocks are doing better.
ALSPW is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 64% of 63 stocks in the same industry do better.
ALSPW is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ALSPW is lagging the market.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ALSPW has a been trading in the 0.11 - 0.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, ALSPW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.12, 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
0.11
0.14
We found 2 important support areas.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.11 from a trend line in the weekly time frame.
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 ALSPW.PA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALSPW.PA is up. |
| ChartMill Relative Strength | 5.02 | NEGATIVE | ALSPW.PA has a low relative strength, it was outperformed by 94.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALSPW.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ALSPW.PA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALSPW.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.54 | NEUTRAL | The RSI value for ALSPW.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ALSPW.PA has a positive trend. |
| Stochastics (14,3) | 63.36 | NEUTRAL | The Stochastics value for ALSPW.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.79 | HIGH VOLATILITY | The high ATR as a percentage value for ALSPW.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.54 | POSITIVE | The high ADX value value for ALSPW.PA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
EPA:ALSPW (6/6/2025, 7:00:00 PM)
0.1396
+0 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.43%
1 Week10.09%
2 Weeks15.18%
1 Month9.49%
3 Month21.39%
6 Month74.94%
12 Month-82.86%
2 Year-99.98%
3 Year-100%
5 Year-100%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%8.79%
ATR Inc82.98%
Range Today0.01
ADR(20)0.01
ADR(20)%8.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.02
Mansfield-4.63
10 Day High0.16
10 Day Low0.12
20 Day High0.16
20 Day Low0.11
52 Week High1.15
52 Week Low0.07
CS1 End0.12
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume1.87M
Volume Incr72.43%
Vol(5)1.57M
Vol(50)945.44K