ALTRI SGPS SA (ALTR.LS)

PTALT0AE0002 - Common Stock

5.02  -0.01 (-0.2%)

Technical Rating and Analysis

7

Taking everything into account, ALTR scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month ALTR has a been trading in the 5.03 - 5.63 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, ALTR did better than 87% of all other stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
ALTR is an average performer in the Paper & Forest Products industry, it outperforms 62% of 9 stocks in the same industry.
ALTR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALTR is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ALTR Weekly chart
ALTR Daily chart
Setup Rating and Analysis

3

Although ALTR has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

4.21

5.59

3 important support areas can be observed.

  • A support zone ranging from 4.54 to 4.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @4.37 from a horizontal line in the weekly time frame.
  • Support @4.25 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @5.53 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.47
Mansfield-0.23
10 Day High5.63
10 Day Low5.03
20 Day High5.63
20 Day Low5.03
52 Week High5.63
52 Week Low3.97
Performance
1 Week-5.18%
2 Weeks-10.42%
1 Month-2.8%
3 Month12.48%
6 Month4.31%
12 Month22.68%
2 Year-17%
3 Year-12.14%
5 Year-17.13%
10 Year121%
15 Year108.2%
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)37.78
LBB5.05
UBB5.71
ALTR Daily chart

ALTRI SGPS SA

ELI:ALTR (5/30/2024, 5:29:30 PM)

5.02

-0.01 (-0.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-0.2%
1 Week-5.18%
2 Weeks-10.42%
1 Month-2.8%
3 Month12.48%
6 Month4.31%
12 Month22.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.15
ATR(20)%2.49%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.63
10 Day Low5.03
20 Day High5.63
20 Day Low5.03
52 Week High5.63
52 Week Low3.97
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume45.00K
Volume Incr92.8%
Vol(5)806.80K
Vol(50)529.66K