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COGELEC (ALLEC.PA) Stock Technical Analysis

EPA:ALLEC - Euronext Paris - Matif - FR0013335742 - Common Stock - Currency: EUR

21  0 (0%)

Technical Rating and Analysis

10

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

Warning: ALLEC has an average volume of 6466 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ALLEC did better than 99% of all other stocks. We also observe that the gains produced by ALLEC over the past year are nicely spread over this period.
ALLEC is one of the better performing stocks in the Communications Equipment industry, it outperforms 92% of 26 stocks in the same industry.
ALLEC is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month ALLEC has a been trading in the 19.30 - 22.00 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
COGELEC / ALLEC Weekly stock chart
COGELEC / ALLEC Daily stock chart
Setup Rating and Analysis

7

ALLEC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Another positive sign is the recent Pocket Pivot signal.

  • 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

14.75

21.61

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 20.34 to 20.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @20.00 from a horizontal line in the daily time frame.
  • Support @17.86 from a trend line in the daily time frame.
  • Support @14.90 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @21.40 from a horizontal line in the daily time frame.
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
CRS99.36
Mansfield5.92
10 Day High22
10 Day Low20
20 Day High22
20 Day Low19.3
52 Week High22
52 Week Low7.95
Performance
1 Week0.96%
2 Weeks2.94%
1 Month6.06%
3 Month31.25%
6 Month94.44%
12 Month157.67%
2 Year194.12%
3 Year176.32%
5 YearN/A
10 YearN/A
15 YearN/A
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)61.29
LBB19.53
UBB21.66
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
21.4120.331.08 (5.04%)19.82%
An entry @21.41. This is a Buy Stop order right above the resistance zone.An exit @20.33. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.08 points, which is 5.04%.For a 1.00% total portfolio risk, you can invest 19.82% of your capital in this trade.

  • 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.
COGELEC / ALLEC Daily stock chart

COGELEC

EPA:ALLEC (3/7/2025, 7:00:00 PM)

21

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0%
1 Week0.96%
2 Weeks2.94%
1 Month6.06%
3 Month31.25%
6 Month94.44%
12 Month157.67%
2 Year194.12%
3 Year176.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%3.29%
ATR Inc-69.89%
Range Today0.2
ADR(20)0.64
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.36
Mansfield5.92
10 Day High22
10 Day Low20
20 Day High22
20 Day Low19.3
52 Week High22
52 Week Low7.95
CS1 End20.38
CR1 Start21.4
Volume & EV
DER(3)0%
DER(5)0%
Volume553
Volume Incr-66.07%
Vol(5)2.90K
Vol(50)6.47K