EAT is up +49.38%% since April’24 pick View All Top Buy Picks
RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ALESA.PA
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Is Ecoslops S.A. stock still a buy after falling -5.10% on Tuesday?
(Updated on Jun 25, 2024)

Sell candidate since Jun 17, 2024 Loss -12.07% PDF

The Ecoslops S.A. stock price fell by -5.10% on the last day (Tuesday, 25th Jun 2024) from 0.706€ to 0.670€. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 5.97% from a day low at 0.670€ to a day high of 0.710€. The price has fallen in 8 of the last 10 days and is down by -27.96% for this period. Volume has increased on the last day by 2 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 thousand shares were bought and sold for approximately 1.93€ thousand.

Given the current short-term trend, the stock is expected to rise 20.02% during the next 3 months and, with a 90% probability hold a price between 0.80€ and 1.21€ at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

ALESA.PA Signals & Forecast

There are few to no technical positive signals at the moment. The Ecoslops S.A. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 0.728€ and 0.779€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 10, 2024, and so far it has fallen -31.49%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Ecoslops S.A. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Ecoslops S.A. stock

Ecoslops S.A. finds support from accumulated volume at 0.662€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved 0.0400€ between high and low, or 5.97%. For the last week, the stock has had daily average volatility of 3.19%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ALESA.PA) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Ecoslops S.A. to open at 0.683€, and during the day (based on 14 day Average True Range), to move between 0.633€ and 0.707€, which gives a possible trading interval of +/-0.0368€ (+/-5.49%) up or down from last closing price. If Ecoslops S.A. takes out the full calculated possible swing range there will be an estimated 10.97% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 0.674€ (0.60%) than the support at 0.662€ (1.19%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Ecoslops S.A. stock A Buy?

The Ecoslops S.A. stock holds several negative signals and despite the positive trend, we believe Ecoslops S.A. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.846 Sell Candidate Unchanged

Predicted Opening Price for Ecoslops S.A. of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
0.683€ ( 1.99%) 0.670€

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ALESA.PA

Fibonacci Support & Resistance Levels

Level Price
R3 0.723 7.96%
R2 0.708 5.68%
R1 0.699 4.27%
Price 0.670
S1 0.668 -0.291%
S2 0.659 -1.70%
S3 0.643 -3.98%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.782 16.72%
R2 0.700 4.48%
R1 0.674 0.597%
Price 0.670
S1 0.662 -1.19%
S2 0.660 -1.49%
S3 0.650 -2.99%

FAQ

What is the symbol for Ecoslops S.A. Stock and on which exchange is it traded?
The symbol for Ecoslops S.A. is ALESA.PA and it is traded on the PAR (Euronext Paris).

Should I buy or sell Ecoslops S.A. Stock?
The Ecoslops S.A. stock holds several negative signals and despite the positive trend, we believe Ecoslops S.A. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Ecoslops S.A. Stock?
Ecoslops S.A. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ecoslops S.A. Stock.

What's the current price of Ecoslops S.A. Stock?
As of the end of day on the Jun 25, 2024, the price of an Ecoslops S.A. (ALESA.PA) share was 0.670€.

What is the 52-week high and low for Ecoslops S.A. Stock?
The 52-week high for Ecoslops S.A. Stock is 5.44€ and the 52-week low is 0.502€.

What is the market capitalization of Ecoslops S.A. Stock?
As of the Jun 25, 2024, the market capitalization of Ecoslops S.A. is 3.659M.

When is the next earnings date for Ecoslops S.A.?
The upcoming earnings date for Ecoslops S.A. is Sep 26, 2024.
Click to get the best stock tips daily for free!

About Ecoslops S.A.

Ecoslops S.A. Ecoslops SA regenerate oil residues into new fuels and light bitumen in France and Portugal. It uses a micro-refining industrial process that transforms these residues into commercial products. The company offers an economic and ecological solution to port infrastructure, waste collectors, and ship owners through its processing plants. Ecoslops SA was founded in 2005 and is based in Paris, France.... ALESA.PA Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT