TRONIC'S MICROSYSTEMS SA (ALTRO.PA) Stock Technical Analysis
Europe - EPA:ALTRO - FR0004175099 - Common Stock
We assign a technical rating of 8 out of 10 to ALTRO. In the last year, ALTRO was one of the better performers, but we do observe some doubts in the very recent evolution.
ALTRO 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 support zone below the current price at 5.62, a Stop Loss order could be placed below this zone.
More info and screens
3.62
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.39 to 5.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.96 from a trend line in the weekly time frame.
- Support @3.66 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.62 to 5.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.91 to 6.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.10 from a trend 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 | UP | POSITIVE | The long term trend for ALTRO.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALTRO.PA is neutral. |
| ChartMill Relative Strength | 90.54 | POSITIVE | ALTRO.PA has a high relative strength, it outperformed 90.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALTRO.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALTRO.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALTRO.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.41 | NEUTRAL | The RSI value for ALTRO.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ALTRO.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 28.57 | NEUTRAL | The Stochastics value for ALTRO.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for ALTRO.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 6.79 | NEGATIVE | The low ADX value for ALTRO.PA suggests a weak or negative 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 |
|---|---|---|---|
| 5.72 | 5.43 | 0.29 (5.07%) | 19.72% |
| An entry @5.72. This is a Buy Stop order right above the resistance zone. | An exit @5.43. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.29 points, which is 5.07%. | When investing 19.72% 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:ALTRO (11/5/2025, 7:00:00 PM)
5.58
-0.06 (-1.06%)
TRONIC'S MICROSYSTEMS SA / ALTRO.PA FAQ
Can you provide the ChartMill technical rating for TRONIC'S MICROSYSTEMS SA?
ChartMill assigns a technical rating of 6 / 10 to ALTRO.PA.
Can you provide the trend direction for TRONIC'S MICROSYSTEMS SA?
The current trend direction for TRONIC'S MICROSYSTEMS SA (ALTRO.PA) is Bullish.
Can you provide the RSI signal for TRONIC'S MICROSYSTEMS SA?
TRONIC'S MICROSYSTEMS SA (ALTRO.PA) has an RSI value of 49.4102. This indicates that the stock is currently neutral.
What is the MACD signal for TRONIC'S MICROSYSTEMS SA (ALTRO.PA) stock?
The MACD indicator for TRONIC'S MICROSYSTEMS SA (ALTRO.PA) has a value of 0.0181228, indicating a bearish trend.