EUROGROUP LAMINATIONS SPA (EGLA.MI) Stock Technical Analysis
BIT:EGLA - Euronext Milan - IT0005527616 - Common Stock - Currency: EUR
Overall EGLA gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. EGLA was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, EGLA is a bad performer in the overall market: 85% of all stocks are doing better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
EGLA is part of the Electrical Equipment industry. There are 52 other stocks in this industry, EGLA did better than 50% of them.
EGLA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EGLA is lagging the market slightly.
In the last month EGLA has a been trading in the 2.46 - 3.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EGLA has an average technical rating and it also does not offer a high 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
2.66
3.20
We found 2 important support areas.
- A support zone ranging from 2.75 to 2.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.69 to 2.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 3.12 to 3.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for EGLA.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EGLA.MI is neutral. |
| ChartMill Relative Strength | 15.12 | NEGATIVE | EGLA.MI has a low relative strength, it was outperformed by 84.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EGLA.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EGLA.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EGLA.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.23 | NEUTRAL | The RSI value for EGLA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EGLA.MI has a negative trend. |
| Stochastics (14,3) | 19.59 | OVERSOLD | The low Stochastics value suggests EGLA.MI may be oversold. |
| Average True Range in percent/ATR (20) | 5.15 | HIGH VOLATILITY | The high ATR as a percentage value for EGLA.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.33 | NEUTRAL | The ADX value for EGLA.MI suggests a possible start of a new trend. |
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)
BIT:EGLA (5/30/2025, 5:29:45 PM)
2.784
+0.02 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.72%
1 Week-10.65%
2 Weeks-3.87%
1 Month11.9%
3 Month-1.56%
6 Month1.9%
12 Month-34.34%
2 Year-53.21%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%5.15%
ATR Inc-53.91%
Range Today0.08
ADR(20)0.14
ADR(20)%4.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.12
Mansfield-1.31
10 Day High3.25
10 Day Low2.67
20 Day High3.25
20 Day Low2.46
52 Week High4.35
52 Week Low2.1
CS1 End2.77
CR1 Start3.12
Volume & EV
DER(3)-4.65%
DER(5)-0.11%
Volume106.02K
Volume Incr2.95%
Vol(5)445.70K
Vol(50)522.85K