Alussa Energy Acquisition Corp [Alus/W] (ALU.W) Stock Technical Analysis
NYSE:ALU.W - New York Stock Exchange, Inc. -
Overall ALU.W gets a technical rating of 6 out of 10. Although ALU.W is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, ALU.W is a bad performer in the overall market: 67% of all stocks are doing better.
ALU.W is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: ALU.W has an average volume of 29461 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month ALU.W has a been trading in the 0.03 - 0.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ALU.W does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. 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.
More info and screens
0.03
0.06
2 important support areas can be observed.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @0.06 from a horizontal line 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 | UP | POSITIVE | The long term trend for ALU.W is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALU.W is neutral. |
| ChartMill Relative Strength | 33.05 | NEUTRAL | ALU.W is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of ALU.W is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.22 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 43.5 | NEUTRAL | The Stochastics value for ALU.W is a neutral value. |
| Average True Range in percent/ATR (20) | 19.93 | HIGH VOLATILITY | The high ATR as a percentage value for ALU.W suggests high volalility. |
| Average Directional Index/ADX (14) | 31.24 | POSITIVE | The high ADX value value for ALU.W suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 0.07 | 0.04 | 0.03 (42.86%) | 2.33% |
| An entry @0.07. This is a Buy Stop order right above the resistance zone. | An exit @0.04. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 42.86%. | For a 1.00% total portfolio risk, you can invest 2.33% of your capital in this trade. |
- 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.
Alussa Energy Acquisition Corp [Alus/W]
NYSE:ALU.W (8/4/2025, 7:00:00 PM)
0.0534
+0 (+6.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.8%
1 Week-7.45%
2 Weeks-7.61%
1 Month47.51%
3 Month63.8%
6 Month33.83%
12 Month-64.4%
2 Year-91.39%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%19.93%
ATR Inc6.45%
Range Today0
ADR(20)0.01
ADR(20)%17.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.05
Mansfield0.52
10 Day High0.07
10 Day Low0.04
20 Day High0.07
20 Day Low0.03
52 Week High0.24
52 Week Low0.02
CS1 End0.05
CR1 Start0.06
Volume & EV
DER(3)13.7%
DER(5)-0.11%
Volume1.78K
Volume Incr-91.12%
Vol(5)3.12K
Vol(50)29.46K