ALCATEL-LUCENT (ALU) Stock Technical Analysis
NYSE:ALU - New York Stock Exchange, Inc. - US0139043055
We assign a technical rating of 0 out of 10 to ALU. ALU'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, ALU is a bad performer in the overall market: 81% of all stocks are doing better.
ALU 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.
ALU has an average volume of 3396100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ALU has a been trading in the 3.14 - 4.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALU has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
3.09
4.08
We found 1 important support area.
- A support zone ranging from 3.12 to 3.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.47 to 3.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.81 from a trend line in the daily time frame.
- Resistance @4.04 from a trend 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 | DOWN | NEGATIVE | The long term trend for ALU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALU is down. |
| ChartMill Relative Strength | 19.43 | NEGATIVE | ALU has a low relative strength, it was outperformed by 80.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALU is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.92 | NEUTRAL | The RSI value for ALU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ALU has a positive trend. |
| Stochastics (14,3) | 81.37 | OVERBOUGHT | The high Stochastics value suggests ALU may be overbought. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for ALU suggests some volalility. |
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)
3.46
+0.03 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.87%
1 Week4.53%
2 Weeks4.53%
1 Month-13.28%
3 Month-11.51%
6 Month2.67%
12 Month-11.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%3.7%
ATR Inc3.87%
Range Today0.14
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.43
Mansfield-0.2
10 Day High3.48
10 Day Low3.14
20 Day High4
20 Day Low3.14
52 Week High4.96
52 Week Low3.06
CS1 End3.17
CR1 Start3.47
Volume & EV
DER(3)6.12%
DER(5)1.09%
Volume5.68M
Volume Incr43.37%
Vol(5)3.74M
Vol(50)3.40M