ALERION CLEANPOWER (ARN.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ARN - IT0004720733 - Common Stock
We assign a technical rating of 1 out of 10 to ARN. ARN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
ARN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.85, a Stop Loss order could be placed below this zone.
More info and screens
17.68
When analyzing the support we notice one important area.
- A support zone ranging from 17.86 to 18.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 19.07 to 19.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.10 from a trend line in the weekly time frame.
- A resistance zone ranging from 20.50 to 20.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.05 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 | NEUTRAL | NEUTRAL | The long term trend for ARN.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARN.MI is down. |
| ChartMill Relative Strength | 41.86 | NEUTRAL | ARN.MI is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of ARN.MI is below 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) | 46.78 | NEUTRAL | The RSI value for ARN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ARN.MI has a positive trend. |
| Stochastics (14,3) | 57.38 | NEUTRAL | The Stochastics value for ARN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for ARN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.38 | NEGATIVE | The low ADX value for ARN.MI suggests a weak or negative trend. |
BIT:ARN (11/28/2025, 7:00:00 PM)
18.96
+0.06 (+0.32%)
ALERION CLEANPOWER / ARN.MI FAQ
What is the technical rating for ARN stock?
ChartMill assigns a technical rating of 1 / 10 to ARN.MI.
What is the trend direction for ARN stock?
The current trend direction for ALERION CLEANPOWER (ARN.MI) is Bearish.
What is the RSI signal for ALERION CLEANPOWER (ARN.MI) stock?
ALERION CLEANPOWER (ARN.MI) has an RSI value of 46.7817. 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 0.0219271, indicating a bearish trend.