E-GLOBE SPA (EGB.MI) Stock Technical Analysis
BIT:EGB - Euronext Milan - IT0005557514 - Common Stock - Currency: EUR
Overall EGB gets a technical rating of 2 out of 10. In the last year, EGB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
EGB has a poor technical rating and the quality of the setup is also not perfect 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
0.71
When analyzing the resistance we notice one important area.
- Resistance @0.84 from a trend line in the daily time frame.
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 EGB.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EGB.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | EGB.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EGB.MI is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 37.61 | NEUTRAL | The RSI value for EGB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EGB.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.02 | NEUTRAL | The Stochastics value for EGB.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 17.05 | HIGH VOLATILITY | The high ATR as a percentage value for EGB.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.89 | NEGATIVE | The low ADX value for EGB.MI suggests a weak or negative trend. |
BIT:EGB (7/11/2025, 7:00:00 PM)
0.72
-0.06 (-7.69%)