
(ALTS.AS) Technical Analysis
AMS:ALTS
Current stock price
ALTS.AS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ALTS. ALTS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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, ALTS is a bad performer in the overall market: 93% of all stocks are doing better.
- ALTS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Warning: ALTS has an average volume of 651 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month ALTS has a been trading in the 11.19 - 12.56 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Considerably lower volume is observed in the last couple of days.
ALTS.AS Weekly and Daily overview Charts
ALTS.AS Setup Rating and Analysis
Although the technical rating is bad, ALTS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
ALTS.AS Support and Resistance Analysis
11.01
We found 2 important support areas.
- Support @11.75 from a trend line in the daily time frame.
- A support zone ranging from 11.12 to 11.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.37 to 12.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.74 to 12.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ALTS.AS Technical Indicator Signal Analysis
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 ALTS.AS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALTS.AS is down. |
| ChartMill Relative Strength | 7.93 | NEGATIVE | ALTS.AS has a low relative strength, it was outperformed by 92.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALTS.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALTS.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALTS.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.09 | NEUTRAL | The RSI value for ALTS.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ALTS.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.21 | NEUTRAL | The Stochastics value for ALTS.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for ALTS.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.76 | NEGATIVE | The low ADX value for ALTS.AS suggests a weak or negative trend. |
ALTS.AS Chart- and CandleStick Pattern Analysis
ALTS.AS Technicals: Chart, Performance Metrics, Trend & Indicators
/ ALTS.AS TA FAQ
Can you provide the ChartMill technical rating for ?
ChartMill assigns a technical rating of 0 / 10 to ALTS.AS.
What is the current trend direction of (ALTS.AS) stock?
The current trend direction for (ALTS.AS) is Bearish.
What is the RSI signal for ALTS stock?
(ALTS.AS) has an RSI value of 46.0881. This indicates that the stock is currently neutral.
What is the buy/sell signal for ALTS stock?
The buy/sell signal for (ALTS.AS) is sell as both the short term and long term trends are negative.
What is the support and resistance level for ALTS stock?
(ALTS.AS) has a support level at 11.75 and a resistance level at 12.37. Check the full technical report for our detailed analysis of ALTS.AS support and resistance levels.