WT ALUMINIUM (ALUM.MI) Stock Technical Analysis
BIT:ALUM - Euronext Milan - GB00B15KXN58 - ETF - Currency: EUR
We assign a technical rating of 0 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
71% of all other stocks performed better in the past year than ALUM.
ALUM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALUM is lagging the market.
In the last month ALUM has a been trading in the 2.68 - 3.23 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
ALUM has a bad 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 support zone below the current price at 2.74, a Stop Loss order could be placed below this zone.
More info and screens
2.60
3.34
We found 2 important support areas.
- A support zone ranging from 2.72 to 2.74. 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.80 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.91 to 2.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.20 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 | DOWN | NEGATIVE | The short term trend for ALUM.MI is down. |
| ChartMill Relative Strength | 29.09 | NEGATIVE | ALUM.MI has a low relative strength, it was outperformed by 70.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALUM.MI is below a declining 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) | 40.4 | NEUTRAL | The RSI value for ALUM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ALUM.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.15 | NEUTRAL | The Stochastics value for ALUM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for ALUM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.88 | POSITIVE | The high ADX value value for ALUM.MI 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)
BIT:ALUM (5/30/2025, 7:00:00 PM)
2.7965
-0.05 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.83%
1 Week2.61%
2 Weeks2.85%
1 Month-16.39%
3 Month-12.6%
6 Month-6.67%
12 Month-0.75%
2 Year0.76%
3 Year-26.75%
5 Year38.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%2.49%
ATR Inc-11.15%
Range Today0.01
ADR(20)0.03
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.09
Mansfield-1.51
10 Day High2.91
10 Day Low2.68
20 Day High3.23
20 Day Low2.68
52 Week High3.41
52 Week Low2.55
CS1 End2.74
CR1 Start2.8
Volume & EV
DER(3)0%
DER(5)0%
Volume5.65K
Volume Incr53.04%
Vol(5)51.09K
Vol(50)35.95K