WT ALUMINIUM (ALUM.MI) Stock Technical Analysis
BIT:ALUM - Euronext Milan - GB00B15KXN58 - ETF - Currency: EUR
We assign a technical rating of 1 out of 10 to ALUM. ALUM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ALUM is a bad performer in the overall market: 79% of all stocks are doing better.
In the last month ALUM has a been trading in the 2.68 - 2.92 range, which is quite wide. It is currently trading near the high of this range.
ALUM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALUM is lagging the market.
Volume is considerably higher in the last couple of days.
ALUM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.90. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ALUM 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
2.60
3.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.72 to 2.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.63 to 2.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.90 to 2.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.10 from a trend line in the weekly time frame.
- Strong resistance @3.31 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 | DOWN | NEGATIVE | The long term trend for ALUM.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALUM.MI is neutral. |
| ChartMill Relative Strength | 21.09 | NEGATIVE | ALUM.MI has a low relative strength, it was outperformed by 78.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALUM.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALUM.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALUM.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.82 | NEUTRAL | The RSI value for ALUM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ALUM.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.29 | OVERBOUGHT | The high Stochastics value suggests ALUM.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for ALUM.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 18.29 | NEGATIVE | The low ADX value for ALUM.MI suggests a weak or negative 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)
BIT:ALUM (7/14/2025, 7:00:00 PM)
2.8875
-0.02 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.69%
1 Week2.1%
2 Weeks1.37%
1 Month6.63%
3 Month-13.66%
6 Month1.64%
12 Month1.98%
2 Year6.02%
3 Year-11.58%
5 Year40.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%1.68%
ATR Inc-48.52%
Range Today0.01
ADR(20)0.03
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.09
Mansfield-1.47
10 Day High2.92
10 Day Low2.77
20 Day High2.92
20 Day Low2.68
52 Week High3.41
52 Week Low2.55
CS1 End2.76
CR1 Start2.9
Volume & EV
DER(3)11.39%
DER(5)23.19%
Volume98.28K
Volume Incr215.86%
Vol(5)108.94K
Vol(50)43.62K