EUROGROUP LAMINATIONS SPA (EGLA.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:EGLA - IT0005527616 - Common Stock
We assign a technical rating of 3 out of 10 to EGLA. EGLA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
EGLA 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
3.08
2 important support areas can be observed.
- A support zone ranging from 3.17 to 3.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.11 to 3.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 3.43 to 3.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.53 to 3.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong resistance @3.61 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.69 to 3.70. 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 | 45.79 | NEUTRAL | EGLA.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EGLA.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EGLA.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EGLA.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.11 | NEUTRAL | The RSI value for EGLA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests EGLA.MI has a positive trend. |
| Stochastics (14,3) | 83.04 | OVERBOUGHT | The high Stochastics value suggests EGLA.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for EGLA.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 33.08 | POSITIVE | The high ADX value value for EGLA.MI suggests a strong trend. |
BIT:EGLA (12/30/2025, 5:29:20 PM)
3.296
+0.01 (+0.18%)
EUROGROUP LAMINATIONS SPA / EGLA.MI FAQ
Can you provide the ChartMill technical rating for EUROGROUP LAMINATIONS SPA?
ChartMill assigns a technical rating of 3 / 10 to EGLA.MI.
Can you provide the trend direction for EUROGROUP LAMINATIONS SPA?
The current trend direction for EUROGROUP LAMINATIONS SPA (EGLA.MI) is Bearish.
Can you provide the RSI signal for EUROGROUP LAMINATIONS SPA?
EUROGROUP LAMINATIONS SPA (EGLA.MI) has an RSI value of 56.1133. This indicates that the stock is currently neutral.
What is the support and resistance level for EGLA stock?
EUROGROUP LAMINATIONS SPA (EGLA.MI) has a support level at 3.2 and a resistance level at 3.43. Check the full technical report for our detailed analysis of EGLA.MI support and resistance levels.