WE CONNECT (ALWEC.PA) Stock Technical Analysis
Europe • Euronext Paris • EPA:ALWEC • FR0013079092
We assign a technical rating of 9 out of 10 to ALWEC. In the last year, ALWEC was one of the better performers, but we do observe some doubts in the very recent evolution.
- 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.
- Looking at the yearly performance, ALWEC did better than 86% of all other stocks. On top of that, ALWEC also shows a nice and consistent pattern of rising prices.
- ALWEC is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 78% of 57 stocks in the same industry.
- ALWEC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALWEC is lagging the market slightly.
- In the last month ALWEC has a been trading in the 21.70 - 25.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- 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 very little resistance above the current price. There is a support zone below the current price at 23.57, a Stop Loss order could be placed below this zone.
More info and screens
18.32
When analyzing the support we can see 5 important areas.
- A support zone ranging from 22.80 to 23.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.20 from a horizontal line in the daily time frame.
- Support @20.30 from a horizontal line in the daily time frame.
- Support @19.83 from a trend line in the daily time frame.
- Support @18.50 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @25.00 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 | 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 | 86.8 | POSITIVE | ALWEC.PA has a high relative strength, it outperformed 86.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ALWEC.PA is above a declining 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) | UP | POSITIVE | The current price of ALWEC.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.09 | NEUTRAL | The RSI value for ALWEC.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALWEC.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.34 | NEUTRAL | The Stochastics value for ALWEC.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for ALWEC.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.96 | POSITIVE | The high ADX value value for ALWEC.PA suggests a strong trend. |
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 |
|---|---|---|---|
| 25.01 | 23.09 | 1.92 (7.68%) | 13.03% |
| An entry @25.01. This is a Buy Stop order right above the resistance zone. | An exit @23.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.92 points, which is 7.68%. | For a 1.00% total portfolio risk, you can invest 13.03% 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 (2/6/2026, 7:00:00 PM)
23.8
+0.2 (+0.85%)
WE CONNECT / ALWEC.PA FAQ
Can you provide the ChartMill technical rating for WE CONNECT?
ChartMill assigns a technical rating of 9 / 10 to ALWEC.PA.
What is the trend direction for ALWEC stock?
The current trend direction for WE CONNECT (ALWEC.PA) is Bullish.
What is the RSI signal for ALWEC stock?
WE CONNECT (ALWEC.PA) has an RSI value of 54.091. This indicates that the stock is currently neutral.
What is the short term momentum for ALWEC stock?
The short term momentum for WE CONNECT (ALWEC.PA) is neutral.