ALVAZ Technical Analysis - VAZIVA SAS

Technical Rating and Analysis

Taking everything into account, ALVAZ scores 1 out of 10 in our technical rating. ALVAZ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

Warning: ALVAZ has an average volume of 191 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

When comparing the performance of all stocks over the past year, ALVAZ turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.

ALVAZ is part of the Media industry. There are 62 other stocks in this industry, ALVAZ did better than 68% of them.

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

In the last month ALVAZ has a been trading in a tight range between 44.00 and 45.60.

Considerably lower volume is observed 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

Although the technical rating is bad, ALVAZ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

39.80

50.50

We found 2 important support areas.

Support @44.14 from a trend line in the weekly time frame.
A support zone ranging from 40.20 to 40.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 48.80 to 49.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @50.00 from a horizontal line in the weekly 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	DOWN	NEGATIVE	The long term trend for ALVAZ.PA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ALVAZ.PA is down.
ChartMill Relative Strength	42.07	NEUTRAL	ALVAZ.PA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ALVAZ.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ALVAZ.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ALVAZ.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	43.7	NEUTRAL	The RSI value for ALVAZ.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.07	POSITIVE	The MACD value suggests ALVAZ.PA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	41.67	NEUTRAL	The Stochastics value for ALVAZ.PA is a neutral value.
Average True Range in percent/ATR (20)	0.76	LOW VOLATILITY	The low ATR as a percentage value for ALVAZ.PA suggests low volalility.
Average Directional Index/ADX (14)	43.69	POSITIVE	The high ADX value value for ALVAZ.PA suggests a strong trend.