Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.


ALSTOM

Euronext Paris - Matif / Industrials / Machinery

Technical Rating and Analysis

10

Overall ALO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ALO has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ALO did better than 96% of all other stocks.
ALO is one of the better performing stocks in the Machinery industry, it outperforms 95% of 105 stocks in the same industry.
ALO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ALO has a been trading in the 19.18 - 20.92 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Weekly and Daily overview Charts
ALO Weekly chart
ALO Daily chart
Setup Rating and Analysis

10

ALO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 20.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.55, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

15.79

20.80

3 important support areas can be observed.

  • A support zone ranging from 19.98 to 19.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @17.51 from a trend line in the daily time frame.
  • Support @15.95 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 20.25 to 20.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.7
Mansfield1.72
10 Day High20.92
10 Day Low19.78
20 Day High20.92
20 Day Low19.18
52 Week High20.92
52 Week Low10.66
Performance
1 Week0.78%
2 Weeks1.38%
1 Month6.06%
3 Month17.48%
6 Month13.74%
12 Month66.36%
2 Year-17.26%
3 Year-34.66%
5 Year-48.03%
10 Year-26.86%
15 Year-55.89%
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)62.01
LBB19.9
UBB20.65
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
20.6019.970.63 (3.06%)25.00%
An entry @20.60. This is a Buy Stop order right above the resistance zone.An exit @19.97. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.63 points, which is 3.06%.For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of ALO. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.