ALERION CLEANPOWER (ARN.MI) Stock Technical Analysis
BIT:ARN - Euronext Milan - IT0004720733 - Common Stock - Currency: EUR
Overall ARN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ARN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ARN has an average volume of 24966 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ARN is part of the Independent Power and Renewable Electricity Producers industry. There are 21 other stocks in this industry. ARN outperforms 95% of them.
ARN 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 ARN is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that ARN is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month ARN has a been trading in the 16.90 - 23.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ARN has an excellent technical rating, it does not present a decent entry opportunity 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
15.05
22.57
3 important support areas can be observed.
- A support zone ranging from 17.98 to 18.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.07 from a trend line in the daily time frame.
- Support @15.20 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.35 to 22.35. 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 ARN.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARN.MI is up. |
| ChartMill Relative Strength | 87.28 | POSITIVE | ARN.MI has a high relative strength, it outperformed 87.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARN.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARN.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARN.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.81 | NEUTRAL | The RSI value for ARN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests ARN.MI has a negative trend. |
| Stochastics (14,3) | 15.37 | OVERSOLD | The low Stochastics value suggests ARN.MI may be oversold. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for ARN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 37.75 | POSITIVE | The high ADX value value for ARN.MI 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)
BIT:ARN (7/25/2025, 7:00:00 PM)
20.35
-0.85 (-4.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-4.01%
1 Week-6.22%
2 Weeks-8.95%
1 Month20.41%
3 Month35.31%
6 Month34.77%
12 Month25.62%
2 Year-28.35%
3 Year-46.31%
5 Year194.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%4.85%
ATR Inc-22.37%
Range Today1.1
ADR(20)0.97
ADR(20)%4.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.28
Mansfield1.54
10 Day High23.05
10 Day Low20.3
20 Day High23.05
20 Day Low16.9
52 Week High23.05
52 Week Low11.24
CS1 End18.05
CR1 Start22.35
Volume & EV
DER(3)-2.78%
DER(5)-1.61%
Volume40.99K
Volume Incr-15.14%
Vol(5)26.99K
Vol(50)24.97K