BALYO SA - PROMESSES (BALYO.PA) Stock Technical Analysis
EPA:BALYO - Euronext Paris - Matif - FR0013258399 - Common Stock - Currency: EUR
Taking everything into account, BALYO scores 6 out of 10 in our technical rating. BALYO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
85% of all other stocks performed better in the past year than BALYO.
BALYO is one of the lesser performing stocks in the Machinery industry. 60% of 110 stocks in the same industry do better.
Warning: BALYO has an average volume of 10020 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BALYO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
BALYO 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 BALYO is lagging the market slightly.
BALYO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 0.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.39, a Stop Loss order could be placed below this zone.
More info and screens
0.34
0.40
5 important support areas can be observed.
- A support zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.34 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.40 to 0.40. 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 | NEUTRAL | NEUTRAL | The long term trend for BALYO.PA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BALYO.PA is up. |
| ChartMill Relative Strength | 15.35 | NEGATIVE | BALYO.PA has a low relative strength, it was outperformed by 84.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BALYO.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BALYO.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BALYO.PA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.46 | NEUTRAL | The RSI value for BALYO.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BALYO.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.95 | NEUTRAL | The Stochastics value for BALYO.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for BALYO.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.28 | NEUTRAL | The ADX value for BALYO.PA suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.41 | 0.38 | 0.03 (7.32%) | 13.67% |
| An entry @0.41. This is a Buy Stop order right above the resistance zone. | An exit @0.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 7.32%. | When investing 13.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:BALYO (5/29/2025, 7:00:00 PM)
0.388
+0 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.78%
1 Week-0.26%
2 Weeks5.43%
1 Month2.37%
3 Month10.86%
6 Month37.1%
12 Month-33.1%
2 Year-25.81%
3 Year-60.73%
5 Year-58.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%2.47%
ATR Inc7.26%
Range Today0.01
ADR(20)0.01
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.35
Mansfield-0.84
10 Day High0.4
10 Day Low0.36
20 Day High0.4
20 Day Low0.36
52 Week High0.6
52 Week Low0.24
CS1 End0.39
CR1 Start0.4
Volume & EV
DER(3)0%
DER(5)0%
Volume4.09K
Volume Incr-68.18%
Vol(5)3.42K
Vol(50)10.02K