ELECTRICITE DE STRASBOURG-RG (ELEC.PA) Stock Technical Analysis
EPA:ELEC - Euronext Paris - Matif - FR0000031023 - Common Stock - Currency: EUR
We assign a technical rating of 10 out of 10 to ELEC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ELEC is showing a nice and steady performance.
Warning: ELEC has an average volume of 881 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ELEC is one of the better performing stocks in the market, outperforming 87% of all stocks.
ELEC is one of the better performing stocks in the Electric Utilities industry, it outperforms 73% of 16 stocks in the same industry.
ELEC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ELEC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
ELEC has an excellent technical rating and also presents 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 127.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 127.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ELEC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
102.47
129.22
When analyzing the support we can see 4 important areas.
- A support zone ranging from 126.17 to 126.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 112.33 to 112.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 109.50 to 109.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @103.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 127.51 to 127.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.18
Mansfield0.27
10 Day High127.5
10 Day Low125.5
20 Day High129
20 Day Low120.5
52 Week High129
52 Week Low102
Performance
1 Week0.79%
2 Weeks2%
1 Month1.19%
3 Month14.35%
6 Month19.72%
12 Month21.43%
2 Year30.1%
3 Year18.6%
5 Year6.25%
10 Year13.33%
15 Year5.38%
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)-0.36
RSI(14)66.84
LBB125.16
UBB128.13
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 |
|---|---|---|---|
| 127.52 | 126.09 | 1.43 (1.12%) | 25.00% |
| An entry @127.52. This is a Buy Stop order right above the resistance zone. | An exit @126.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.43 points, which is 1.12%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.28%. |
- The distance between exit and entry is rather small compared to the average daily movement of ELEC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ELECTRICITE DE STRASBOURG-RG
EPA:ELEC (2/5/2025, 2:05:44 PM)
127.5
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0%
1 Week0.79%
2 Weeks2%
1 Month1.19%
3 Month14.35%
6 Month19.72%
12 Month21.43%
2 Year30.1%
3 Year18.6%
5 Year6.25%
10 Year13.33%
15 Year5.38%
Volatility
ATR(14)1.64
ATR(20)%1.65%
ATR Inc-37.5%
Range Today1.5
ADR(20)2.03
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.18
Mansfield0.27
10 Day High127.5
10 Day Low125.5
20 Day High129
20 Day Low120.5
52 Week High129
52 Week Low102
CS1 End127.46
CR1 Start127.51
Volume & EV
DER(3)14.29%
DER(5)8.57%
Volume14
Volume Incr-58.44%
Vol(5)347.4
Vol(50)881.7