ALU10 Technical Analysis - U10 CORP

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to ALU10. ALU10'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.

87% of all other stocks performed better in the past year than ALU10.

ALU10 is one of the lesser performing stocks in the Household Durables industry. 63% of 34 stocks in the same industry do better.

In the last month ALU10 has a been trading in the 1.32 - 1.48 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been consolidating recently, but much resistance may still be present above.

Warning: ALU10 has an average volume of 2080 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

ALU10 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALU10 is lagging the market.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of ALU10 is bad and it also does not present a quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.27

1.49

When analyzing the support we notice one important area.

A support zone ranging from 1.28 to 1.36. 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 1.38 to 1.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 1.46 to 1.48. This zone is formed by a combination of multiple trend lines in the daily time frame.

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What is Support and Resistance

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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	NEUTRAL	NEUTRAL	The long term trend for ALU10.PA is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ALU10.PA is down.
ChartMill Relative Strength	13.26	NEGATIVE	ALU10.PA has a low relative strength, it was outperformed by 86.74% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ALU10.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ALU10.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ALU10.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	45.13	NEUTRAL	The RSI value for ALU10.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests ALU10.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	29.7	NEUTRAL	The Stochastics value for ALU10.PA is a neutral value.
Average True Range in percent/ATR (20)	2.5	MEDIUM VOLATILITY	The ATR as a percentage value for ALU10.PA suggests some volalility.
Average Directional Index/ADX (14)	22.95	NEUTRAL	The ADX value for ALU10.PA suggests a possible start of a new trend.