Rallye (RAL.PA) Technical Analysis
EPA:RAL • FR0000060618
Taking everything into account, RAL scores 1 out of 10 in our technical rating. RAL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than RAL.
- RAL is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 87% of 25 stocks in the same industry do better.
- RAL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RAL is lagging the market.
- In the last month RAL has a been trading in the 0.02 - 0.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
RAL has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.04
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.11 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 | DOWN | NEGATIVE | The long term trend for RAL.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RAL.PA is down. |
| ChartMill Relative Strength | 0.42 | NEGATIVE | RAL.PA has a low relative strength, it was outperformed by 99.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RAL.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RAL.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RAL.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.73 | NEUTRAL | The RSI value for RAL.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RAL.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 14.6 | OVERSOLD | The low Stochastics value suggests RAL.PA may be oversold. |
| Average True Range in percent/ATR (20) | 33.68 | HIGH VOLATILITY | The high ATR as a percentage value for RAL.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 39.57 | POSITIVE | The high ADX value value for RAL.PA suggests a strong trend. |
RAL.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:RAL (4/22/2024, 7:00:00 PM)
0.0441
+0 (+2.56%)
Rallye / RAL.PA FAQ
What is the technical rating for RAL stock?
ChartMill assigns a technical rating of 1 / 10 to RAL.PA.
Can you provide the trend direction for Rallye?
The current trend direction for Rallye (RAL.PA) is Bearish.
Can you provide the RSI signal for Rallye?
Rallye (RAL.PA) has an RSI value of 43.726. This indicates that the stock is currently neutral.
What is the short term momentum for RAL stock?
The short term momentum for Rallye (RAL.PA) is negative.
What are the support and resistance levels for Rallye (RAL.PA) stock?
Rallye (RAL.PA) has a resistance level at 0.05. Check the full technical report for our detailed analysis of RAL.PA support and resistance levels.