WITBE.NET (ALWIT.PA) Stock Technical Analysis
Europe - EPA:ALWIT - FR0013143872 - Common Stock
1.7 EUR
-0.03 (-1.45%)
We assign a technical rating of 2 out of 10 to ALWIT. Recently some decent action could be observed, but in the medium term time frame this is still negative. ALWIT was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ALWIT is a bad performer in the overall market: 95% of all stocks are doing better.
ALWIT is part of the IT Services industry. There are 76 other stocks in this industry, of which 73% are performing better than ALWIT.
ALWIT 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.
Warning: ALWIT has an average volume of 6219 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ALWIT has a been trading in the 1.40 - 1.74 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ALWIT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.42
2.31
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.69 to 1.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.43 from a trend line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.71 to 1.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.97 from a trend line in the weekly time frame.
- Resistance @2.04 from a trend line in the weekly time frame.
- Resistance @2.12 from a trend line in the daily time frame.
- A resistance zone ranging from 2.29 to 2.29. 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 | DOWN | NEGATIVE | The long term trend for ALWIT.PA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALWIT.PA is up. |
| ChartMill Relative Strength | 5.13 | NEGATIVE | ALWIT.PA has a low relative strength, it was outperformed by 94.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALWIT.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ALWIT.PA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALWIT.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.96 | NEUTRAL | The RSI value for ALWIT.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ALWIT.PA has a positive trend. |
| Stochastics (14,3) | 90.69 | OVERBOUGHT | The high Stochastics value suggests ALWIT.PA may be overbought. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for ALWIT.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.8 | POSITIVE | The high ADX value value for ALWIT.PA suggests a strong 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:ALWIT (9/26/2025, 7:00:00 PM)
1.7
-0.03 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-1.45%
1 Week19.72%
2 Weeks4.94%
1 Month15.25%
3 Month-23.42%
6 Month-17.07%
12 Month-26.09%
2 Year-65.45%
3 Year-75%
5 Year-81.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%3.35%
ATR Inc-2.15%
Range Today0.04
ADR(20)0.05
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.13
Mansfield-2.74
10 Day High1.74
10 Day Low1.4
20 Day High1.74
20 Day Low1.4
52 Week High2.96
52 Week Low1.34
CS1 End1.69
CR1 Start1.71
Volume & EV
DER(3)0%
DER(5)0%
Volume531
Volume Incr274.14%
Vol(5)8.93K
Vol(50)6.22K