ALERION CLEANPOWER (ARN.MI) Technical Analysis
BIT:ARN • IT0004720733
Current stock price
21.95 EUR
+1.3 (+6.3%)
Last:
ARN.MI Technical Rating and Analysis
Taking everything into account, ARN scores 8 out of 10 in our technical rating. ARN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Warning: ARN has an average volume of 11642 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- 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.
- ARN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ARN is performing more or less in line with the market.
- In the last month ARN has a been trading in the 18.02 - 22.20 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.
- When comparing the yearly performance of all stocks, we notice that ARN is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ARN.MI Weekly and Daily overview Charts
ARN.MI Setup Rating and Analysis
Although ARN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ARN.MI Support and Resistance Analysis
17.29
22.17
4 important support areas can be observed.
- A support zone ranging from 19.16 to 19.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.76 to 18.77. 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 17.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @17.46 from a horizontal line in the daily time frame.
ARN.MI Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for ARN.MI is up. |
| ChartMill Relative Strength | 86.82 | POSITIVE | ARN.MI has a high relative strength, it outperformed 86.82% off all stocks 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) | 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) | 72.03 | OVERBOUGHT | The high RSI value suggests ARN.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests ARN.MI has a positive trend. |
| Stochastics (14,3) | 97.87 | OVERBOUGHT | The high Stochastics value suggests ARN.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for ARN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.95 | POSITIVE | The high ADX value value for ARN.MI suggests a strong trend. |
ARN.MI Chart- and CandleStick Pattern Analysis
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)
ARN.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ARN (4/2/2026, 7:00:00 PM)
21.95
+1.3 (+6.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg6.3%
1 Week16.01%
2 Weeks17%
1 Month20.74%
3 Month17.63%
6 Month12.45%
12 Month56.79%
2 Year24.93%
3 Year-24.83%
5 Year58.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%3.61%
ATR Inc122.76%
Range Today2
ADR(20)0.72
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.82
3 months CRS86.32
6 months CRS69.29
Mansfield1.69
10 Day High22.2
10 Day Low18.42
20 Day High22.2
20 Day Low18.02
52 Week High23.05
52 Week Low13.02
CS1 End19.55
CR1 StartN/A
Volume & EV
DER(3)0.09%
DER(5)0.87%
Volume96.14K
Volume Incr215.93%
Vol(5)34.84K
Vol(50)11.64K
ALERION CLEANPOWER / ARN.MI TA FAQ
What is the technical rating for ARN stock?
ChartMill assigns a technical rating of 8 / 10 to ARN.MI.
Can you provide the trend direction for ALERION CLEANPOWER?
The current trend direction for ALERION CLEANPOWER (ARN.MI) is Bearish.
Can you provide the RSI signal for ALERION CLEANPOWER?
ALERION CLEANPOWER (ARN.MI) has an RSI value of 72.0291. This indicates that the stock is currently overbought.
What is the short term momentum for ALERION CLEANPOWER (ARN.MI) stock?
The short term momentum for ALERION CLEANPOWER (ARN.MI) is positive.