ALTAREA (ALTA.PA) Stock Technical Analysis
EPA:ALTA - Euronext Paris - Matif - FR0000033219 - REIT - Currency: EUR
Taking everything into account, ALTA scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ALTA is a bad performer.
ALTA has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 103.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 102.59, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALTA in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
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91.87
2 important support areas can be observed.
- A support zone ranging from 98.50 to 102.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 92.80 to 93.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 103.40 to 105.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 108.80 to 110.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ALTA.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALTA.PA is up. |
| ChartMill Relative Strength | 30.19 | NEUTRAL | ALTA.PA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALTA.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ALTA.PA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALTA.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.98 | NEUTRAL | The RSI value for ALTA.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests ALTA.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.6 | OVERBOUGHT | The high Stochastics value suggests ALTA.PA may be overbought. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for ALTA.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.67 | NEGATIVE | The low ADX value for ALTA.PA suggests a weak or negative trend. |
EPA:ALTA (5/30/2025, 7:00:00 PM)
102.8
-0.6 (-0.58%)