FERMENTALG (FALG.PA) Stock Technical Analysis
EPA:FALG - Euronext Paris - Matif - FR0011271600 - Common Stock - Currency: EUR
Taking everything into account, FALG scores 2 out of 10 in our technical rating. 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 part of the Chemicals industry. There are 67 other stocks in this industry. FALG outperforms 74% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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 currently trading near new highs, so FALG is lagging the market.
Considerably lower volume is observed in the last couple of days.
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
0.50
0.76
When analyzing the support we notice one important 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.
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. |
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)
EPA:FALG (4/15/2024, 7:00:00 PM)
0.56
-0.05 (-8.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-8.05%
1 Week-9.53%
2 Weeks-18.6%
1 Month-12.5%
3 Month66.67%
6 Month83.31%
12 Month-40.55%
2 Year-79.41%
3 Year-82.31%
5 Year-78.87%
10 Year-93.77%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%7.95%
ATR Inc-19.06%
Range Today0.06
ADR(20)0.04
ADR(20)%7.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.88
Mansfield-1.19
10 Day High0.75
10 Day Low0.55
20 Day High0.75
20 Day Low0.55
52 Week High1.04
52 Week Low0.21
CS1 End0.5
CR1 Start0.63
Volume & EV
DER(3)-0.05%
DER(5)-0.03%
Volume343.74K
Volume Incr-44.05%
Vol(5)162.99K
Vol(50)604.23K