Europe - Euronext Milan - BIT:1EL - FR0000121667 - Common Stock
Taking everything into account, 1EL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, 1EL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, 1EL also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 305.79, a Stop Loss order could be placed below this zone.
224.73
When analyzing the support we can see 4 important areas.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1EL.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1EL.MI is up. |
| ChartMill Relative Strength | 81.96 | POSITIVE | 1EL.MI has a high relative strength, it outperformed 81.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 1EL.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 1EL.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 1EL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.36 | NEUTRAL | The RSI value for 1EL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.59 | NEGATIVE | The MACD value suggests 1EL.MI has a negative trend. |
| Stochastics (14,3) | 16.56 | OVERSOLD | The low Stochastics value suggests 1EL.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for 1EL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 30.97 | POSITIVE | The high ADX value value for 1EL.MI suggests a strong trend. |
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 |
|---|---|---|---|
| 313.28 | 305.78 | 7.50 (2.39%) | 25.00% |
| An entry @313.28. This is a Buy Stop order right above the 10 day moving average. | An exit @305.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.50 points, which is 2.39%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.60%. |
BIT:1EL (11/25/2025, 7:00:00 PM)
308.8
+1 (+0.32%)
ChartMill assigns a technical rating of 9 / 10 to 1EL.MI.
The current trend direction for ESSILORLUXOTTICA (1EL.MI) is Bullish.
ESSILORLUXOTTICA (1EL.MI) has an RSI value of 54.36. This indicates that the stock is currently neutral.
The MACD indicator for ESSILORLUXOTTICA (1EL.MI) has a value of -2.59021, indicating a bearish trend.
ESSILORLUXOTTICA (1EL.MI) has a support level at 305.79 and a resistance level at 313.27. Check the full technical report for our detailed analysis of 1EL.MI support and resistance levels.