ALERION CLEANPOWER (ARN.MI) Stock Technical Analysis
BIT:ARN • IT0004720733
Overall ARN gets a technical rating of 5 out of 10. In the last year, ARN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Warning: ARN has an average volume of 11889 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 one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 75% of 21 stocks in the same industry.
- When comparing the performance of all stocks over the past year, ARN turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
- ARN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARN is lagging the market.
- In the last month ARN has a been trading in the 17.50 - 19.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, ARN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. 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
17.29
3 important support areas can be observed.
- A support zone ranging from 18.35 to 18.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.86 to 17.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 17.46 to 17.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 18.75 to 18.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.18 to 19.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @19.88 from a trend line in the daily time frame.
- A resistance zone ranging from 20.50 to 20.55. 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 | 64.21 | NEUTRAL | ARN.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARN.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ARN.MI is above a declining 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) | 52.44 | NEUTRAL | The RSI value for ARN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ARN.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.38 | NEUTRAL | The Stochastics value for ARN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for ARN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.81 | NEUTRAL | The ADX value for ARN.MI suggests a possible start of a new trend. |
BIT:ARN (2/18/2026, 4:20:13 PM)
18.7
+0.02 (+0.11%)
ALERION CLEANPOWER / ARN.MI FAQ
What is the technical rating for ARN stock?
ChartMill assigns a technical rating of 5 / 10 to ARN.MI.
Can you provide the trend direction for ALERION CLEANPOWER?
The current trend direction for ALERION CLEANPOWER (ARN.MI) is Bullish.
What is the RSI signal for ALERION CLEANPOWER (ARN.MI) stock?
ALERION CLEANPOWER (ARN.MI) has an RSI value of 52.4449. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ALERION CLEANPOWER?
The buy/sell signal for ALERION CLEANPOWER (ARN.MI) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ALERION CLEANPOWER (ARN.MI) stock?
ALERION CLEANPOWER (ARN.MI) has a support level at 18.52 and a resistance level at 18.75. Check the full technical report for our detailed analysis of ARN.MI support and resistance levels.