ALERION CLEANPOWER (ARN.MI) Stock Technical Analysis
Europe - BIT:ARN - IT0004720733 - Common Stock
19.62 EUR
-0.2 (-1.01%)
We assign a technical rating of 8 out of 10 to ARN. In the last year, ARN was one of the better performers, but we do observe some doubts in the very recent evolution.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: ARN has an average volume of 12313 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, ARN did better than 74% of all other stocks. We also observe that the gains produced by ARN over the past year are nicely spread over this period.
ARN is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 80% of 22 stocks in the same industry.
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.
In the last month ARN has a been trading in the 18.97 - 21.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ARN also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
17.68
22.57
When analyzing the support we can see 3 important areas.
- Support @18.86 from a horizontal line in the daily time frame.
- Support @18.27 from a horizontal line in the weekly time frame.
- Support @17.86 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 19.74 to 19.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 20.35 to 20.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 20.97 to 21.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for ARN.MI is neutral. |
| ChartMill Relative Strength | 74.25 | POSITIVE | ARN.MI has a high relative strength, it outperformed 74.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARN.MI is below a declining 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) | 46.59 | NEUTRAL | The RSI value for ARN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ARN.MI has a negative trend. |
| Stochastics (14,3) | 35.13 | NEUTRAL | The Stochastics value for ARN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for ARN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 34.76 | 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 (11/6/2025, 5:00:12 PM)
19.62
-0.2 (-1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.01%
1 Week-6.79%
2 Weeks-2.87%
1 Month-1.11%
3 Month7.1%
6 Month27.9%
12 Month30.63%
2 Year-17.91%
3 Year-45.04%
5 Year144.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%3.28%
ATR Inc38.69%
Range Today0.24
ADR(20)0.58
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.25
3 months CRS59.85
6 months CRS81.35
Mansfield0.46
10 Day High21.5
10 Day Low19.62
20 Day High21.5
20 Day Low18.97
52 Week High23.05
52 Week Low11.24
CS1 End18.86
CR1 Start19.74
Volume & EV
DER(3)-14.52%
DER(5)-9.12%
Volume200
Volume Incr38.19%
Vol(5)18.91K
Vol(50)12.31K
ALERION CLEANPOWER / ARN.MI FAQ
What is the technical rating for ARN stock?
ChartMill assigns a technical rating of 8 / 10 to ARN.MI.
What is the trend direction for ARN stock?
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 46.5861. This indicates that the stock is currently neutral.
What is the MACD signal for ARN stock?
The MACD indicator for ALERION CLEANPOWER (ARN.MI) has a value of -0.0616021, indicating a bearish trend.