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. EGLA 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 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.
When comparing the yearly performance of all stocks, EGLA is a bad performer in the overall market: 81% of all stocks are doing better.
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.
EGLA is part of the Electrical Equipment industry. There are 59 other stocks in this industry, EGLA did better than 62% of them.
In the last month EGLA has a been trading in the 2.38 - 3.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EGLA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.43, a Stop Loss order could be placed below this zone.
More info and screens
2.38
3.07
We found 1 important support area.
- A support zone ranging from 2.40 to 2.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.89 to 2.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.97 from a trend line in the daily time frame.
- Resistance @3.04 from a horizontal 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
CRS19.65
Mansfield-2.15
10 Day High3.05
10 Day Low2.66
20 Day High3.05
20 Day Low2.38
52 Week High4.78
52 Week Low2.34
Performance
1 Week-1.63%
2 Weeks-3.54%
1 Month14.3%
3 Month-5.69%
6 Month-24.36%
12 Month-15.54%
2 Year-42.64%
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
RSI(14)52.58
LBB2.52
UBB3.13
BIT:EGLA (3/7/2025, 7:00:00 PM)
2.782
+0.02 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.72%
1 Week-1.63%
2 Weeks-3.54%
1 Month14.3%
3 Month-5.69%
6 Month-24.36%
12 Month-15.54%
2 Year-42.64%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%5.35%
ATR Inc9.26%
Range Today0.14
ADR(20)0.14
ADR(20)%5.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.65
Mansfield-2.15
10 Day High3.05
10 Day Low2.66
20 Day High3.05
20 Day Low2.38
52 Week High4.78
52 Week Low2.34
CS1 End2.43
CR1 Start2.89
Volume & EV
DER(3)0.6%
DER(5)-0.28%
Volume382.19K
Volume Incr-18.04%
Vol(5)523.19K
Vol(50)399.26K