Last close · 16 Oct 2026
Rs 6.83 +5.24%
Technical analysis · updated after the close, 16 Oct 2026
Altern Energy Limited (ALTN) technical analysis
ALTN closed at Rs 6.83 on 16 Oct 2026 (+5.24%). The daily picture is bullish: the price is above 3 of its 6 simple moving averages, MACD is above its signal line and RSI at 58.2 is firm but not overbought. The weekly trend is bearish, and the monthly chart is bearish. Nearest support is the daily R1 at 6.75, resistance R2 at 7.01.
Daily
Bullish
Weekly
Bearish
Monthly
Bearish
Oscillators
Neutral
3 bullish · 3 neutral · 4 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 32.24 | Neutral |
| Stochastic %K (14, 3, 3) | 5.08 | Bullish |
| Stochastic RSI (14, 3, 3) | 61.45 | Neutral |
| CCI (20) | -122.57 | Bullish |
| ADX (14) | 17.10 | Neutral |
| Williams %R (14) | -92.34 | Bullish |
| MACD (12, 26, 9) | -2.59 | Bearish |
| Momentum (10) | -4.93 | Bearish |
| Ultimate Oscillator (7, 14, 28) | 28.05 | Bearish |
| Bull Bear Power (13) | -4.81 | Bearish |
Moving averages
Strongly bearish
0 bullish · 0 neutral · 8 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 8.20 | Bearish | 8.33 | Bearish |
| MA 20 | 10.15 | Bearish | 10.39 | Bearish |
| MA 30 | 13.55 | Bearish | 11.82 | Bearish |
| MA 50 | 15.00 | Bearish | 14.19 | Bearish |
| MA 100 | — | — | ||
| MA 200 | — | — | ||
Support & resistance
Monthly pivots- R3 9.20
- R2 8.55
- R1 7.53
- Pivot 6.88
- S1 5.86
- S2 5.21
- S3 4.19
- Close 6.83
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 9.20 | 8.55 | 6.98 |
| R2 | 8.55 | 7.91 | 6.83 |
| R1 | 7.53 | 7.51 | 6.67 |
| Pivot | 6.88 | 6.88 | 6.88 |
| S1 | 5.86 | 6.24 | 6.37 |
| S2 | 5.21 | 5.84 | 6.21 |
| S3 | 4.19 | 5.21 | 6.06 |
Range & volatility
52-week range
6.2014.19
- ATR (14)
- 2.3935.0% of price
- Bollinger Bands (20, 2)
- 5.62 – 14.67
- From the 52-week high
- -51.9%
- Bars analysed
- 59
How these readings work
Computed after each close from ALTN's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.
History before 29 Dec 2021 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).