ALERION CLEANPOWER (ARN.MI) Technical Analysis
BIT:ARN • IT0004720733
20.2 EUR
+0.82 (+4.23%)
Last: Mar 11, 2026, 04:00 PM
We assign a technical rating of 8 out of 10 to ARN. In the past year, ARN was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- Warning: ARN has an average volume of 10330 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.
- Looking at the yearly performance, ARN did better than 80% 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 part of the Independent Power and Renewable Electricity Producers industry. There are 21 other stocks in this industry. ARN outperforms 75% of them.
- In the last month ARN has a been trading in the 17.42 - 20.10 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.
- ARN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ARN is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
17.29
20.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 19.39 to 19.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.46 to 18.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.78 to 17.86. 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.
We found 1 important resistance area.
- Resistance @20.50 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 | UP | POSITIVE | The short term trend for ARN.MI is up. |
| ChartMill Relative Strength | 80.81 | POSITIVE | ARN.MI has a high relative strength, it outperformed 80.81% 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) | 58.17 | NEUTRAL | The RSI value for ARN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ARN.MI has a positive trend. |
| Stochastics (14,3) | 76.45 | NEUTRAL | The Stochastics value for ARN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for ARN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.94 | NEGATIVE | The low ADX value for ARN.MI suggests a weak or negative 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)
ARN.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ARN (3/11/2026, 4:00:57 PM)
20.2
+0.82 (+4.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg4.23%
1 Week9.37%
2 Weeks6.25%
1 Month2.54%
3 Month11%
6 Month0.94%
12 Month41.87%
2 Year1.47%
3 Year-34.42%
5 Year50.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%3%
ATR Inc184.12%
Range Today0.82
ADR(20)0.49
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.81
3 months CRS73.41
6 months CRS36.82
Mansfield0.1
10 Day High20.1
10 Day Low17.42
20 Day High20.1
20 Day Low17.42
52 Week High23.05
52 Week Low13.02
CS1 End18.67
CR1 Start19.39
Volume & EV
DER(3)0.64%
DER(5)0.4%
Volume604
Volume Incr311.7%
Vol(5)24.64K
Vol(50)10.33K
ALERION CLEANPOWER / ARN.MI 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.
What is the RSI signal for ALERION CLEANPOWER (ARN.MI) stock?
ALERION CLEANPOWER (ARN.MI) has an RSI value of 58.1733. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ALERION CLEANPOWER?
ALERION CLEANPOWER (ARN.MI) has a support level at 18.67 and a resistance level at 19.39. Check the full technical report for our detailed analysis of ARN.MI support and resistance levels.