EL.EN. SPA (ELN.MI) Stock Technical Analysis
BIT:ELN - Euronext Milan - IT0005453250 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to ELN. ELN 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
86% of all other stocks performed better in the past year than ELN.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month ELN has a been trading in the 7.01 - 9.32 range, which is quite wide. It is currently trading near the high of this range.
ELN is part of the Health Care Equipment & Supplies industry. There are 54 other stocks in this industry, ELN did better than 47% of them.
ELN 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ELN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.67
11.35
We found 1 important support area.
- Support @7.75 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.85 to 8.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.22 to 11.24. 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
CRS14.53
Mansfield-1.2
10 Day High8.84
10 Day Low7.7
20 Day High9.32
20 Day Low7.01
52 Week High12.59
52 Week Low7.01
Performance
1 Week7.55%
2 Weeks11.98%
1 Month-3.65%
3 Month-18.94%
6 Month-13.64%
12 Month-25.06%
2 Year-24.49%
3 Year-33.87%
5 Year-53.6%
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)0.2
RSI(14)54.52
LBB7.24
UBB8.97
BIT:ELN (4/30/2025, 7:00:00 PM)
8.835
+0.2 (+2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.32%
1 Week7.55%
2 Weeks11.98%
1 Month-3.65%
3 Month-18.94%
6 Month-13.64%
12 Month-25.06%
2 Year-24.49%
3 Year-33.87%
5 Year-53.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%4.6%
ATR Inc-39.1%
Range Today0.26
ADR(20)0.37
ADR(20)%4.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.53
Mansfield-1.2
10 Day High8.84
10 Day Low7.7
20 Day High9.32
20 Day Low7.01
52 Week High12.59
52 Week Low7.01
CS1 End7.75
CR1 Start8.85
Volume & EV
DER(3)-2.76%
DER(5)-4.84%
Volume110.09K
Volume Incr-47.36%
Vol(5)117.79K
Vol(50)210.58K