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Rallye (RAL.PA) Stock Technical Analysis

EPA:RAL - Euronext Paris - Matif - FR0000060618 - Common Stock - Currency: EUR

0.0441  +0 (+2.56%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to RAL. RAL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

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 part of the Consumer Staples Distribution & Retail industry. There are 25 other stocks in this industry, of which 95% are performing better than RAL.
RAL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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.
Weekly and Daily overview Charts
Rallye / RAL Weekly stock chart
Rallye / RAL Daily stock chart
Setup Rating and Analysis

4

RAL has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

0.04

0.11

3 important resistance areas can be observed.

  • 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for RAL.PA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for RAL.PA is down.
ChartMill Relative Strength0.42NEGATIVERAL.PA has a low relative strength, it was outperformed by 99.58% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of RAL.PA is below the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of RAL.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of RAL.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)43.73NEUTRALThe RSI value for RAL.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests RAL.PA has a positive trend, although the MACD value is declining.
Stochastics (14,3)14.6OVERSOLDThe low Stochastics value suggests RAL.PA may be oversold.
Average True Range in percent/ATR (20)33.68HIGH VOLATILITYThe high ATR as a percentage value for RAL.PA suggests high volalility.
Average Directional Index/ADX (14)39.57POSITIVEThe high ADX value value for RAL.PA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Rallye / RAL Daily stock chart

Rallye

EPA:RAL (4/22/2024, 7:00:00 PM)

0.0441

+0 (+2.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg2.56%
1 Week-11.27%
2 Weeks-13.36%
1 Month22.16%
3 Month-63.55%
6 Month28.95%
12 Month-97.12%
2 Year-98.64%
3 Year-99.39%
5 Year-99.58%
10 Year-99.88%
15 Year-99.72%
Volatility
ATR(14)0.01
ATR(20)%33.68%
ATR Inc-8.03%
Range Today0.01
ADR(20)0.01
ADR(20)%31.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.42
Mansfield-8.9
10 Day High0.06
10 Day Low0.04
20 Day High0.12
20 Day Low0.02
52 Week High2.98
52 Week Low0.02
CS1 EndN/A
CR1 Start0.05
Volume & EV
DER(3)-0.02%
DER(5)-0.16%
Volume1.76M
Volume Incr-62.86%
Vol(5)535.16K
Vol(50)875.48K