Alussa Energy Acquisition Corp [Alus/W] (ALU.W) Stock Technical Analysis
NYSE:ALU.W - New York Stock Exchange, Inc. -
Taking everything into account, ALU.W scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ALU.W was also a bad performer in the overall market in the last year.
ALU.W has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.03, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALU.W in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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0.03
When analyzing the support we notice one important area.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for ALU.W is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALU.W is neutral. |
| ChartMill Relative Strength | 10.59 | NEGATIVE | ALU.W has a low relative strength, it was outperformed by 89.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALU.W is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALU.W is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALU.W is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.89 | NEUTRAL | The RSI value for ALU.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALU.W has a negative trend. |
| Stochastics (14,3) | 28.62 | NEUTRAL | The Stochastics value for ALU.W is a neutral value. |
| Average True Range in percent/ATR (20) | 35.13 | HIGH VOLATILITY | The high ATR as a percentage value for ALU.W suggests high volalility. |
| Average Directional Index/ADX (14) | 40.69 | POSITIVE | The high ADX value value for ALU.W suggests a strong trend. |
Alussa Energy Acquisition Corp [Alus/W]
NYSE:ALU.W (6/12/2025, 10:22:17 AM)
0.0375
+0 (+0.54%)