TME PHARMA NV (ALTME.PA) Stock Technical Analysis
EPA:ALTME - Euronext Paris - Matif - NL0015000YE1 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to ALTME. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ALTME is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
ALTME has an average volume of 1696910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ALTME did better than 72% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
ALTME is an average performer in the Biotechnology industry, it outperforms 69% of 73 stocks in the same industry.
ALTME is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALTME is lagging the market.
In the last month ALTME has a been trading in the 0.10 - 0.12 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.
ALTME 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 a resistance zone just above the current price starting at 0.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.10, a Stop Loss order could be placed below this zone.
More info and screens
0.06
0.12
We found 3 important support areas.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.06 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.12 to 0.12. 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 ALTME.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALTME.PA is up. |
| ChartMill Relative Strength | 72.52 | POSITIVE | ALTME.PA has a high relative strength, it outperformed 72.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALTME.PA is above 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 | MIXED | The current price of ALTME.PA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.95 | 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) | 42.34 | NEUTRAL | The Stochastics value for ALTME.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.97 | HIGH VOLATILITY | The high ATR as a percentage value for ALTME.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 49.07 | POSITIVE | The high ADX value value for ALTME.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 |
|---|---|---|---|
| 0.12 | 0.09 | 0.03 (21.67%) | 4.62% |
| An entry @0.12. This is a Buy Stop order right above the 10 day moving average. | An exit @0.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 21.67%. | When investing 4.62% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:ALTME (8/6/2025, 7:00:00 PM)
0.1092
+0 (+1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.49%
1 Week-4.71%
2 Weeks1.49%
1 Month5.61%
3 Month48.57%
6 Month43.68%
12 Month-23.74%
2 Year-93.02%
3 Year-97.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%6.97%
ATR Inc-31.86%
Range Today0
ADR(20)0.01
ADR(20)%6.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.52
Mansfield0.14
10 Day High0.12
10 Day Low0.1
20 Day High0.12
20 Day Low0.1
52 Week High0.18
52 Week Low0.06
CS1 End0.1
CR1 Start0.12
Volume & EV
DER(3)0%
DER(5)0%
Volume226.78K
Volume Incr-76.31%
Vol(5)684.38K
Vol(50)1.70M