EUROGROUP LAMINATIONS SPA (EGLA.MI) Stock Technical Analysis
BIT:EGLA - Euronext Milan - IT0005527616 - Common Stock - Currency: EUR
Taking everything into account, EGLA scores 2 out of 10 in our technical rating. In the past year, EGLA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
84% of all other stocks performed better in the past year than EGLA.
EGLA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month EGLA has a been trading in the 2.10 - 2.60 range, which is quite wide. It is currently trading near the high of this range.
EGLA is an average performer in the Electrical Equipment industry, it outperforms 57% of 53 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
EGLA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.50. Right above this resistance zone may be a good entry point.
More info and screens
2.37
2.80
We found 1 important support area.
- A support zone ranging from 2.39 to 2.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.50 to 2.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.77 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.99
Mansfield-2.14
10 Day High2.6
10 Day Low2.32
20 Day High2.6
20 Day Low2.1
52 Week High4.78
52 Week Low2.1
Performance
1 Week0.57%
2 Weeks8.13%
1 Month4.27%
3 Month1.22%
6 Month-28.05%
12 Month-38.9%
2 Year-52.79%
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)0.03
RSI(14)50.82
LBB2.24
UBB2.61
BIT:EGLA (4/25/2025, 7:00:00 PM)
2.488
-0.06 (-2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.35%
1 Week0.57%
2 Weeks8.13%
1 Month4.27%
3 Month1.22%
6 Month-28.05%
12 Month-38.9%
2 Year-52.79%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%5.24%
ATR Inc-34.82%
Range Today0.11
ADR(20)0.12
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.99
Mansfield-2.14
10 Day High2.6
10 Day Low2.32
20 Day High2.6
20 Day Low2.1
52 Week High4.78
52 Week Low2.1
CS1 End2.42
CR1 Start2.5
Volume & EV
DER(3)-6.13%
DER(5)-3.89%
Volume191.02K
Volume Incr-64.75%
Vol(5)239.90K
Vol(50)635.06K