Europe - ELI:ALTR - PTALT0AE0002 - Common Stock
We assign a technical rating of 1 out of 10 to ALTR. 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.
ALTR has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
4.69
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 | 17.09 | NEGATIVE | ALTR.LS has a low relative strength, it was outperformed by 82.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALTR.LS is below the rising 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) | 41.38 | NEUTRAL | The RSI value for ALTR.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALTR.LS has a negative trend. |
| Stochastics (14,3) | 8 | OVERSOLD | The low Stochastics value suggests ALTR.LS may be oversold. |
| Average True Range in percent/ATR (20) | 1.37 | LOW VOLATILITY | The low ATR as a percentage value for ALTR.LS suggests low volalility. |
| Average Directional Index/ADX (14) | 11.44 | NEGATIVE | The low ADX value for ALTR.LS suggests a weak or negative trend. |
ELI:ALTR (11/4/2025, 7:00:00 PM)
4.89
+0.01 (+0.2%)
ChartMill assigns a technical rating of 1 / 10 to ALTR.LS.
The current trend direction for ALTRI SGPS SA (ALTR.LS) is Bearish.
ALTRI SGPS SA (ALTR.LS) has an RSI value of 41.382. This indicates that the stock is currently neutral.
The MACD indicator for ALTRI SGPS SA (ALTR.LS) has a value of -0.0116577, indicating a bearish trend.
ALTRI SGPS SA (ALTR.LS) has a support level at 4.85 and a resistance level at 4.9. Check the full technical report for our detailed analysis of ALTR.LS support and resistance levels.