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Alussa Energy Acquisition Corp Cl A (ALUS) Stock Technical Analysis

NYSE:ALUS - New York Stock Exchange, Inc. -

9.5  +0.1 (+1.06%)

After market: 9.45 -0.05 (-0.53%)

Technical Rating and Analysis

0

Taking everything into account, ALUS scores 0 out of 10 in our technical rating. ALUS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ALUS is a bad performer in the overall market: 88% of all stocks are doing better.
ALUS 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 ALUS is lagging the market.
In the last month ALUS has a been trading in the 9.29 - 10.13 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
Alussa Energy Acquisition Corp Cl A / ALUS Weekly stock chart
Alussa Energy Acquisition Corp Cl A / ALUS Daily stock chart
Setup Rating and Analysis

5

ALUS has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

9.40

10.20

We found 1 important support area.

  • Support @9.49 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 9.91 to 10.10. 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
CRS12.52
Mansfield-2.05
10 Day High10.08
10 Day Low9.29
20 Day High10.13
20 Day Low9.29
52 Week High15.28
52 Week Low9.29
Performance
1 Week-5.28%
2 Weeks-5.47%
1 Month-5.47%
3 Month-5.94%
6 Month-6.68%
12 Month-5.28%
2 YearN/A
3 YearN/A
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)-0.06
RSI(14)39.11
LBB9.3
UBB10.37
Alussa Energy Acquisition Corp Cl A / ALUS Daily stock chart

Alussa Energy Acquisition Corp Cl A

NYSE:ALUS (7/7/2021, 8:04:00 PM)

After market: 9.45 -0.05 (-0.53%)

9.5

+0.1 (+1.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.06%
1 Week-5.28%
2 Weeks-5.47%
1 Month-5.47%
3 Month-5.94%
6 Month-6.68%
12 Month-5.28%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.9%
ATR Inc52.84%
Range Today0.25
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.52
Mansfield-2.05
10 Day High10.08
10 Day Low9.29
20 Day High10.13
20 Day Low9.29
52 Week High15.28
52 Week Low9.29
CS1 End9.49
CR1 Start9.91
Volume & EV
DER(3)0.23%
DER(5)-4.02%
Volume256.50K
Volume Incr-71.33%
Vol(5)273.42K
Vol(50)648.93K