WE CONNECT (ALWEC.PA) Stock Technical Analysis
EPA:ALWEC - Euronext Paris - Matif - FR0013079092 - Common Stock - Currency: EUR
Overall ALWEC gets a technical rating of 7 out of 10. Although ALWEC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
In the last month ALWEC has a been trading in the 18.05 - 19.90 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ALWEC has an average volume of 802 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the performance of all stocks over the past year, ALWEC turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
ALWEC is part of the Electronic Equipment, Instruments & Components industry. There are 50 other stocks in this industry, ALWEC did better than 63% of them.
ALWEC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALWEC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ALWEC also presents 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 18.37, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.99
20.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.83 to 18.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.15 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @19.20 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.70 to 20.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ALWEC.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALWEC.PA is neutral. |
| ChartMill Relative Strength | 54.25 | NEUTRAL | ALWEC.PA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALWEC.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALWEC.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ALWEC.PA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.38 | NEUTRAL | The RSI value for ALWEC.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ALWEC.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.14 | NEUTRAL | The Stochastics value for ALWEC.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for ALWEC.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.95 | NEUTRAL | The ADX value for ALWEC.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.81 | 18.09 | 0.72 (3.83%) | 25.00% |
| An entry @18.81. This is a Buy Stop order right above the 10 day high. | An exit @18.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.72 points, which is 3.83%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:ALWEC (6/19/2025, 7:00:00 PM)
18.4
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0%
1 Week0.27%
2 Weeks0.55%
1 Month0.82%
3 Month5.14%
6 Month6.36%
12 Month-1.08%
2 Year38.35%
3 Year28.22%
5 Year68.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%2.28%
ATR Inc-51.16%
Range Today0.05
ADR(20)0.36
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.25
Mansfield-0.36
10 Day High18.8
10 Day Low18.1
20 Day High19.9
20 Day Low18.05
52 Week High21.6
52 Week Low15.1
CS1 End18.37
CR1 Start19.2
Volume & EV
DER(3)0%
DER(5)0%
Volume132
Volume Incr-61.03%
Vol(5)232.8
Vol(50)802.26