ALTRI SGPS SA (ALTR.LS) Stock Technical Analysis
ELI:ALTR - Euronext Lisbon - PTALT0AE0002 - Common Stock - Currency: EUR
Taking everything into account, ALTR scores 0 out of 10 in our technical rating. ALTR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ALTR is a bad performer in the overall market: 94% of all stocks are doing better.
ALTR is one of the lesser performing stocks in the Paper & Forest Products industry. 100% of 10 stocks in the same industry do better.
ALTR 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.
ALTR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
In the last month ALTR has a been trading in a tight range between 4.83 and 5.09.
Considerably lower volume is observed in the last couple of days.
ALTR has a bad 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 support zone below the current price at 4.91, a Stop Loss order could be placed below this zone.
More info and screens
4.79
6.29
When analyzing the support we notice one important area.
- A support zone ranging from 4.84 to 4.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.93 to 5.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.12 from a horizontal line in the daily time frame.
- Resistance @6.23 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for ALTR.LS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALTR.LS is down. |
| ChartMill Relative Strength | 6.96 | NEGATIVE | ALTR.LS has a low relative strength, it was outperformed by 93.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALTR.LS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALTR.LS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALTR.LS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39 | NEUTRAL | The RSI value for ALTR.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ALTR.LS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.41 | NEUTRAL | The Stochastics value for ALTR.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for ALTR.LS suggests low volalility. |
| Average Directional Index/ADX (14) | 38.23 | POSITIVE | The high ADX value value for ALTR.LS 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)
ELI:ALTR (7/14/2025, 5:28:53 PM)
4.915
-0.01 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-0.3%
1 Week-0.2%
2 Weeks0.92%
1 Month-3.06%
3 Month-20.46%
6 Month-7.44%
12 Month-8.47%
2 Year15.05%
3 Year-14.67%
5 Year17.19%
10 Year26.97%
15 Year24.75%
Volatility
ATR(14)0.08
ATR(20)%1.62%
ATR Inc-40.73%
Range Today0.04
ADR(20)0.08
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.96
Mansfield-1.57
10 Day High5.09
10 Day Low4.87
20 Day High5.09
20 Day Low4.83
52 Week High6.56
52 Week Low4.7
CS1 End4.91
CR1 Start4.93
Volume & EV
DER(3)-0.06%
DER(5)0.06%
Volume55.61K
Volume Incr-11.43%
Vol(5)340.88K
Vol(50)566.02K