ALTRI SGPS SA (ALTR.LS) Stock Technical Analysis
ELI:ALTR • PTALT0AE0002
Overall ALTR gets a technical rating of 7 out of 10. Although ALTR is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 83% of all other stocks performed better in the past year than ALTR.
- ALTR is one of the lesser performing stocks in the Paper & Forest Products industry. 90% of 11 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month ALTR has a been trading in the 4.32 - 4.92 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, ALTR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.80, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.24
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.78 to 4.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.42 from a horizontal line in the daily time frame.
- A support zone ranging from 4.28 to 4.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.84 to 4.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.03 from a horizontal 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 | UP | POSITIVE | The long term trend for ALTR.LS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALTR.LS is up. |
| ChartMill Relative Strength | 17.51 | NEGATIVE | ALTR.LS has a low relative strength, it was outperformed by 82.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALTR.LS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALTR.LS is above the rising 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) | 63.56 | NEUTRAL | The RSI value for ALTR.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALTR.LS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.28 | OVERBOUGHT | The high Stochastics value suggests ALTR.LS may be overbought. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for ALTR.LS suggests low volalility. |
| Average Directional Index/ADX (14) | 29.65 | POSITIVE | The high ADX value value for ALTR.LS suggests a strong trend. |
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 |
|---|---|---|---|
| 4.92 | 4.77 | 0.15 (3.05%) | 25.00% |
| An entry @4.92. This is a Buy Stop order right above the resistance zone. | An exit @4.77. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 3.05%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- 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.
ELI:ALTR (2/27/2026, 7:00:00 PM)
4.83
-0.07 (-1.43%)
ALTRI SGPS SA / ALTR.LS FAQ
What is the ChartMill technical rating of ALTRI SGPS SA (ALTR.LS) stock?
ChartMill assigns a technical rating of 7 / 10 to ALTR.LS.
What is the trend direction for ALTR stock?
The current trend direction for ALTRI SGPS SA (ALTR.LS) is Bullish.
What is the RSI signal for ALTRI SGPS SA (ALTR.LS) stock?
ALTRI SGPS SA (ALTR.LS) has an RSI value of 63.5589. This indicates that the stock is currently neutral.
What is the MACD signal for ALTR stock?
The MACD indicator for ALTRI SGPS SA (ALTR.LS) has a value of 0.00862432, indicating a bearish trend.
What are the support and resistance levels for ALTRI SGPS SA (ALTR.LS) stock?
ALTRI SGPS SA (ALTR.LS) has a support level at 4.8 and a resistance level at 4.84. Check the full technical report for our detailed analysis of ALTR.LS support and resistance levels.