Canada - TSX-V:ALV - CA02255Q2099 - Common Stock
We assign a technical rating of 5 out of 10 to ALV. In the last year, ALV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
ALV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 6.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.21, a Stop Loss order could be placed below this zone.
4.78
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 ALV.CA is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALV.CA is down. |
ChartMill Relative Strength | 67.33 | NEUTRAL | ALV.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALV.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALV.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALV.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 45.63 | NEUTRAL | The RSI value for ALV.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ALV.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 29.75 | NEUTRAL | The Stochastics value for ALV.CA is a neutral value. |
Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for ALV.CA suggests some volalility. |
Average Directional Index/ADX (14) | 25.23 | POSITIVE | The high ADX value value for ALV.CA suggests a strong trend. |
TSX-V:ALV (10/20/2025, 7:00:00 PM)
6.5
+0.05 (+0.78%)