ALD - Daily - Technical analysis published on 05/16/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
61%
0%
39%
My opinion
Neutral between 10.573 EUR and 11.740 EUR
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 10.573 EUR. The first resistance is located at 11.740 EUR. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ALD rating is 11.040 EUR. On the day, this instrument lost -0.09% and was traded between 10.870 EUR and 11.070 EUR over the period. The price is currently at +1.56% from its lowest and -0.27% from its highest.10.870
11.070
11.040
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ALD in Daily shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.455 | 10.212 | 10.573 | 11.040 | 11.054 | 11.740 | 12.165 |
| Change (%) | -14.36% | -7.50% | -4.23% | - | +0.13% | +6.34% | +10.19% |
| Change | -1.585 | -0.828 | -0.467 | - | +0.014 | +0.700 | +1.125 |
| Level | Intermediate | Major | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.643 | 10.777 | 10.913 | 11.047 | 11.183 | 11.317 | 11.453 |
| Camarilla | 10.976 | 11.001 | 11.025 | 11.050 | 11.075 | 11.100 | 11.124 |
| Woodie | 10.645 | 10.778 | 10.915 | 11.048 | 11.185 | 11.318 | 11.455 |
| Fibonacci | 10.777 | 10.880 | 10.944 | 11.047 | 11.150 | 11.214 | 11.317 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.400 | 10.640 | 10.800 | 11.040 | 11.200 | 11.440 | 11.600 |
| Camarilla | 10.850 | 10.887 | 10.923 | 10.960 | 10.997 | 11.033 | 11.070 |
| Woodie | 10.360 | 10.620 | 10.760 | 11.020 | 11.160 | 11.420 | 11.560 |
| Fibonacci | 10.640 | 10.793 | 10.887 | 11.040 | 11.193 | 11.287 | 11.440 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.683 | 10.037 | 10.473 | 10.827 | 11.263 | 11.617 | 12.053 |
| Camarilla | 10.693 | 10.765 | 10.838 | 10.910 | 10.982 | 11.055 | 11.127 |
| Woodie | 9.725 | 10.058 | 10.515 | 10.848 | 11.305 | 11.638 | 12.095 |
| Fibonacci | 10.037 | 10.338 | 10.525 | 10.827 | 11.128 | 11.315 | 11.617 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.68 | |
| MACD (12,26,9): | 0.0330 | |
| Directional Movement: | -0.399 | |
| AROON (14): | 78.571 | |
| DEMA (21): | 10.958 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.707 | |
| Elder Ray (13): | -0.010 | |
| Super Trend (3,10): | 11.369 | |
| Zig ZAG (10): | 11.040 | |
| VORTEX (21): | 0.9640 | |
| Stochastique (14,3,5): | 69.38 | |
| TEMA (21): | 11.111 | |
| Williams %R (14): | -27.91 | |
| Chande Momentum Oscillator (20): | 0.290 | |
| Repulse (5,40,3): | 0.8160 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0110 | |
| Courbe Coppock: | 6.12 |
| MA7: | 11.097 | |
| MA20: | 10.874 | |
| MA50: | 11.047 | |
| MA100: | 11.391 | |
| MAexp7: | 11.033 | |
| MAexp20: | 10.950 | |
| MAexp50: | 11.065 | |
| MAexp100: | 11.195 | |
| Price / MA7: | -0.51% | |
| Price / MA20: | +1.53% | |
| Price / MA50: | -0.06% | |
| Price / MA100: | -3.08% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.82% | |
| Price / MAexp50: | -0.23% | |
| Price / MAexp100: | -1.38% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on ALD at the time of the analysis were as follows:
- ALD: Trading update on Q1 2023 results
- ALD: Availability of the 2022 Universal Registration Document
- ALD: ALD reports full year 2022 results
- ALD announces General Management committee change
- ALD: Announcement
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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