VEOM GROUP (ALVG.PA) Stock Technical Analysis
EPA:ALVG - FR0013530102 - Common Stock
0.1895 EUR
+0 (+1.61%)
We assign a technical rating of 1 out of 10 to ALVG. ALVG 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
94% of all other stocks performed better in the past year than ALVG.
ALVG is part of the Electronic Equipment, Instruments & Components industry. There are 53 other stocks in this industry, of which 75% are performing better than ALVG.
ALVG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ALVG has a been trading in the 0.14 - 0.38 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, ALVG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.19, a Stop Loss order could be placed below this zone.
More info and screens
0.15
0.29
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.16 from a trend line in the weekly time frame.
- Support @0.15 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.21 from a trend line in the weekly time frame.
- Resistance @0.29 from a trend 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 ALVG.PA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALVG.PA is neutral. |
| ChartMill Relative Strength | 6.43 | NEGATIVE | ALVG.PA has a low relative strength, it was outperformed by 93.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALVG.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ALVG.PA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALVG.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.89 | NEUTRAL | The RSI value for ALVG.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALVG.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11 | OVERSOLD | The low Stochastics value suggests ALVG.PA may be oversold. |
| Average True Range in percent/ATR (20) | 15.45 | HIGH VOLATILITY | The high ATR as a percentage value for ALVG.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.91 | NEUTRAL | The ADX value for ALVG.PA suggests a possible start of a new 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)
EPA:ALVG (9/2/2025, 7:00:00 PM)
0.1895
+0 (+1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.61%
1 Week4.12%
2 Weeks2.16%
1 Month30.69%
3 Month-23.59%
6 Month-14.25%
12 Month-13.86%
2 Year-75.45%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%15.45%
ATR Inc-51.68%
Range Today0.02
ADR(20)0.02
ADR(20)%11.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.43
Mansfield-0.68
10 Day High0.2
10 Day Low0.17
20 Day High0.38
20 Day Low0.14
52 Week High0.46
52 Week Low0.1
CS1 End0.19
CR1 Start0.2
Volume & EV
DER(3)0%
DER(5)0%
Volume16.38K
Volume Incr-32.67%
Vol(5)35.99K
Vol(50)32.20K