BLOCKCHAIN GROUP/THE (ALTBG.PA) Stock Technical Analysis
EPA:ALTBG - Euronext Paris - Matif - FR0011053636 - Common Stock - Currency: EUR
Overall ALTBG gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ALTBG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
ALTBG is one of the better performing stocks in the Software industry, it outperforms 100% of 102 stocks in the same industry.
ALTBG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ALTBG is performing more or less in line with the market.
ALTBG has an average volume of 3378900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ALTBG did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month ALTBG has a been trading in the 1.06 - 3.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although ALTBG has an excellent technical rating, it does not offer a high quality setup 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
2.90
2.99
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.94 to 2.96. 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 ALTBG.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALTBG.PA is up. |
| ChartMill Relative Strength | 99.75 | POSITIVE | ALTBG.PA has a high relative strength, it outperformed 99.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALTBG.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALTBG.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALTBG.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.69 | NEUTRAL | The RSI value for ALTBG.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ALTBG.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.63 | NEUTRAL | The Stochastics value for ALTBG.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 16.07 | HIGH VOLATILITY | The high ATR as a percentage value for ALTBG.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 75.74 | POSITIVE | The high ADX value value for ALTBG.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:ALTBG (6/2/2025, 7:00:00 PM)
2.93
-0.07 (-2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.5%
1 Week0.51%
2 Weeks50.26%
1 Month169.39%
3 Month865.57%
6 Month949.91%
12 Month1582.86%
2 Year551.55%
3 Year149.37%
5 Year883.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%16.07%
ATR Inc-23.61%
Range Today0.21
ADR(20)0.46
ADR(20)%15.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.75
Mansfield54.73
10 Day High3.99
10 Day Low1.92
20 Day High3.99
20 Day Low1.06
52 Week High3.99
52 Week Low0.08
CS1 End2.94
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume2.54M
Volume Incr-12.83%
Vol(5)4.92M
Vol(50)3.38M