BLOCKCHAIN GROUP/THE (ALTBG.PA) Stock Technical Analysis
EPA:ALTBG - Euronext Paris - Matif - FR0011053636 - Common Stock - Currency: EUR
We assign a technical rating of 9 out of 10 to ALTBG. 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.
In the last month ALTBG has a been trading in the 3.31 - 5.96 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that ALTBG is one of the better performing stocks in the market, outperforming 99% of all stocks.
ALTBG is part of the Software industry. There are 100 other stocks in this industry. ALTBG outperforms 98% of them.
ALTBG has an average volume of 4763790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ALTBG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALTBG is lagging the market.
Considerably lower volume is observed in the last couple of days.
ALTBG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
3.93
4.14
We found 1 important support area.
- A support zone ranging from 3.97 to 3.97. 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 | NEUTRAL | NEUTRAL | The short term trend for ALTBG.PA is neutral. |
| ChartMill Relative Strength | 99.83 | POSITIVE | ALTBG.PA has a high relative strength, it outperformed 99.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALTBG.PA is below 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) | 49.59 | NEUTRAL | The RSI value for ALTBG.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests ALTBG.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.37 | NEUTRAL | The Stochastics value for ALTBG.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 16.23 | HIGH VOLATILITY | The high ATR as a percentage value for ALTBG.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 45.04 | 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)
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 |
|---|---|---|---|
| 4.61 | 3.64 | 0.97 (20.99%) | 4.76% |
| An entry @4.61. This is a Buy Stop order right above the 10 day moving average. | An exit @3.64. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.97 points, which is 20.99%. | When investing 4.76% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ALTBG. Please evaluate whether better entry and exit points can be found.
- 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:ALTBG (7/3/2025, 7:00:00 PM)
4.1
+0.06 (+1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.49%
1 Week-8.07%
2 Weeks-14.4%
1 Month18.5%
3 Month884.39%
6 Month1183.26%
12 Month3738.95%
2 Year1348.76%
3 Year177.4%
5 Year1271.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%16.23%
ATR Inc-48.59%
Range Today0.35
ADR(20)0.63
ADR(20)%15.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.83
Mansfield34.22
10 Day High5.66
10 Day Low3.65
20 Day High5.96
20 Day Low3.32
52 Week High5.96
52 Week Low0.08
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume1.93M
Volume Incr-38.39%
Vol(5)2.74M
Vol(50)4.76M