ELI:EGL - Euronext Lisbon - PTMEN0AE0005 - Common Stock - Currency: EUR
Taking everything into account, EGL scores 6 out of 10 in our technical rating. EGL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
EGL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 3.02, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
2.41
When analyzing the support we can see 5 important areas.
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.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
3.46 | 2.92 | 0.53 (15.45%) | 6.47% |
An entry @3.46. This is a Buy Stop order right above the 10 day high. | An exit @2.92. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.53 points, which is 15.45%. | For a 1.00% total portfolio risk, you can invest 6.47% of your capital in this trade. |
ELI:EGL (3/7/2025, 7:00:00 PM)
3.23
-0.03 (-0.98%)