BME:ELE - Bolsa De Madrid - ES0130670112 - Common Stock - Currency: EUR
We assign a technical rating of 10 out of 10 to ELE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ELE is showing a nice and steady performance.
Besides having an excellent technical rating, ELE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 24.87, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ELE in the last couple of days, which is a good sign.
20.16
When analyzing the support we can see 5 important areas.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
25.79 | 24.01 | 1.78 (6.90%) | 14.49% |
An entry @25.79. This is a Buy Stop order right above the resistance zone. | An exit @24.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.78 points, which is 6.90%. | For a 1.00% total portfolio risk, you can invest 14.49% of your capital in this trade. |
BME:ELE (4/25/2025, 5:36:15 PM)
25.63
+0.1 (+0.39%)