Europe - BME:EBRO - ES0112501012 - Common Stock
We assign a technical rating of 8 out of 10 to EBRO. Although EBRO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although EBRO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
16.54
4 important support areas can be observed.
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 EBRO.MC is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EBRO.MC is up. |
ChartMill Relative Strength | 63.59 | NEUTRAL | EBRO.MC is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EBRO.MC is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EBRO.MC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EBRO.MC is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 71.94 | OVERBOUGHT | The high RSI value suggests EBRO.MC may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EBRO.MC has a positive trend. |
Stochastics (14,3) | 82.77 | OVERBOUGHT | The high Stochastics value suggests EBRO.MC may be overbought. |
Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for EBRO.MC suggests low volalility. |
Average Directional Index/ADX (14) | 32.6 | POSITIVE | The high ADX value value for EBRO.MC suggests a strong trend. |
BME:EBRO (9/25/2025, 1:45:20 PM)
18.7
+0.08 (+0.43%)