TME PHARMA NV (ALTME.PA) Stock Technical Analysis
EPA:ALTME • NL0015000YE1
Taking everything into account, ALTME scores 5 out of 10 in our technical rating. ALTME has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- ALTME is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, ALTME outperforms 49% of them, which is more or less in line with the market.
- ALTME is part of the Biotechnology industry. There are 78 other stocks in this industry, ALTME did better than 61% of them.
- In the last month ALTME has a been trading in the 0.06 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ALTME does present a nice setup opportunity. 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 0.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.07, a Stop Loss order could be placed below this zone.
More info and screens
0.07
When analyzing the support we notice one important area.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.10 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for ALTME.PA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALTME.PA is neutral. |
| ChartMill Relative Strength | 49.15 | NEUTRAL | ALTME.PA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALTME.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALTME.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALTME.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.73 | NEUTRAL | The RSI value for ALTME.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALTME.PA has a negative trend. |
| Stochastics (14,3) | 20.71 | NEUTRAL | The Stochastics value for ALTME.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.71 | HIGH VOLATILITY | The high ATR as a percentage value for ALTME.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 53.25 | POSITIVE | The high ADX value value for ALTME.PA suggests a strong trend. |
EPA:ALTME (2/20/2026, 7:00:00 PM)
0.073
0 (-0.14%)
TME PHARMA NV / ALTME.PA FAQ
What is the ChartMill technical rating of TME PHARMA NV (ALTME.PA) stock?
ChartMill assigns a technical rating of 5 / 10 to ALTME.PA.
What is the trend direction for ALTME stock?
The current trend direction for TME PHARMA NV (ALTME.PA) is Bearish.
What is the RSI signal for ALTME stock?
TME PHARMA NV (ALTME.PA) has an RSI value of 49.7263. This indicates that the stock is currently neutral.
What are the support and resistance levels for TME PHARMA NV (ALTME.PA) stock?
TME PHARMA NV (ALTME.PA) has a support level at 0.07 and a resistance level at 0.08. Check the full technical report for our detailed analysis of ALTME.PA support and resistance levels.