FERMENTALG (FALG.PA) Technical Analysis
EPA:FALG • FR0011271600
Current stock price
FALG.PA Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to FALG. FALG has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month FALG has a been trading in the 0.55 - 0.75 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- FALG is one of the better performing stocks in the Chemicals industry, it outperforms 72% of 69 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that FALG is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- FALG 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 FALG is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
FALG.PA Weekly and Daily overview Charts
FALG.PA Setup Rating and Analysis
The technical rating of FALG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
FALG.PA Support and Resistance Analysis
0.50
We found 1 important support area.
- Support @0.50 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.66 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.68 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.75 from a trend line in the weekly time frame.
FALG.PA 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 FALG.PA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FALG.PA is down. |
| ChartMill Relative Strength | 75.88 | POSITIVE | FALG.PA has a high relative strength, it outperformed 75.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FALG.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FALG.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FALG.PA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.56 | NEUTRAL | The RSI value for FALG.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FALG.PA has a negative trend. |
| Stochastics (14,3) | 6.04 | OVERSOLD | The low Stochastics value suggests FALG.PA may be oversold. |
| Average True Range in percent/ATR (20) | 7.95 | HIGH VOLATILITY | The high ATR as a percentage value for FALG.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.71 | NEGATIVE | The low ADX value for FALG.PA suggests a weak or negative trend. |
FALG.PA Chart- and CandleStick Pattern Analysis
FALG.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:FALG (4/15/2024, 7:00:00 PM)
0.56
-0.05 (-8.05%)
FERMENTALG / FALG.PA TA FAQ
What is the ChartMill technical rating of FERMENTALG (FALG.PA) stock?
ChartMill assigns a technical rating of 2 / 10 to FALG.PA.
Can you provide the trend direction for FERMENTALG?
The current trend direction for FERMENTALG (FALG.PA) is Bearish.
Can you provide the RSI signal for FERMENTALG?
FERMENTALG (FALG.PA) has an RSI value of 41.56. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FERMENTALG?
The short term momentum for FERMENTALG (FALG.PA) is negative.
What are the support and resistance levels for FERMENTALG (FALG.PA) stock?
FERMENTALG (FALG.PA) has a support level at 0.5 and a resistance level at 0.63. Check the full technical report for our detailed analysis of FALG.PA support and resistance levels.