Europe - Euronext Milan - BIT:EGB - IT0005557514 - Common Stock
We assign a technical rating of 1 out of 10 to EGB. EGB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, EGB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
0.61
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 EGB.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EGB.MI is down. |
| 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) | 36.63 | NEUTRAL | The RSI value for EGB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EGB.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.64 | OVERSOLD | The low Stochastics value suggests EGB.MI may be oversold. |
| Average True Range in percent/ATR (20) | 11.05 | HIGH VOLATILITY | The high ATR as a percentage value for EGB.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.3 | NEGATIVE | The low ADX value for EGB.MI suggests a weak or negative trend. |
BIT:EGB (11/21/2025, 7:00:00 PM)
0.62
-0.07 (-9.49%)
ChartMill assigns a technical rating of 1 / 10 to EGB.MI.
The current trend direction for E-GLOBE SPA (EGB.MI) is Bullish.
E-GLOBE SPA (EGB.MI) has an RSI value of 36.6275. This indicates that the stock is currently neutral.
The MACD indicator for E-GLOBE SPA (EGB.MI) has a value of -0.012967, indicating a bearish trend.
The buy/sell signal for E-GLOBE SPA (EGB.MI) is hold as the short term and long term trends are mixed.