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ELIA GROUP SA/NV (ELI.BR) Stock Technical Analysis

EBR:ELI - Euronext Brussels - BE0003822393 - Common Stock - Currency: EUR

89.5  -0.65 (-0.72%)

Technical Rating and Analysis

9

Overall ELI gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ELI has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
In the last month ELI has a been trading in the 77.90 - 91.10 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ELI is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ELI is an average performer in the Electric Utilities industry, it outperforms 68% of 17 stocks in the same industry.
ELI is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Weekly and Daily overview Charts
ELIA GROUP SA/NV / ELI Weekly stock chart
ELIA GROUP SA/NV / ELI Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, ELI 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 89.51. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

60.69

95.09

4 important support areas can be observed.

  • A support zone ranging from 84.52 to 84.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 77.15 to 77.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @65.42 from a trend line in the daily time frame.
  • Support @61.30 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 89.51 to 90.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @94.15 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.37
Mansfield0.54
10 Day High91.1
10 Day Low79.45
20 Day High91.1
20 Day Low77.9
52 Week High106.8
52 Week Low60.35
Performance
1 Week1.7%
2 Weeks12.02%
1 Month6.55%
3 Month40.94%
6 Month-2.72%
12 Month-1.27%
2 Year-28.05%
3 Year-41%
5 Year-14.76%
10 Year126.35%
15 Year213.82%
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)0.19
RSI(14)61.66
LBB77.8
UBB93.54
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
90.1684.515.65 (6.27%)15.96%
An entry @90.16. This is a Buy Stop order right above the resistance zone.An exit @84.51. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 5.65 points, which is 6.27%.When investing 15.96% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
ELIA GROUP SA/NV / ELI Daily stock chart

ELIA GROUP SA/NV

EBR:ELI (4/25/2025, 7:00:00 PM)

89.5

-0.65 (-0.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.72%
1 Week1.7%
2 Weeks12.02%
1 Month6.55%
3 Month40.94%
6 Month-2.72%
12 Month-1.27%
2 Year-28.05%
3 Year-41%
5 Year-14.76%
10 Year126.35%
15 Year213.82%
Volatility
ATR(14)3.68
ATR(20)%3.91%
ATR Inc-37.85%
Range Today1.8
ADR(20)3.28
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.37
Mansfield0.54
10 Day High91.1
10 Day Low79.45
20 Day High91.1
20 Day Low77.9
52 Week High106.8
52 Week Low60.35
CS1 End84.66
CR1 Start89.51
Volume & EV
DER(3)0.1%
DER(5)-1.7%
Volume151.40K
Volume Incr-14.03%
Vol(5)171.48K
Vol(50)230.50K