EUROGROUP LAMINATIONS SPA (EGLA.MI) Stock Technical Analysis
BIT:EGLA • IT0005527616
Overall EGLA gets a technical rating of 9 out of 10. EGLA has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- EGLA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that EGLA is one of the better performing stocks in the market, outperforming 74% of all stocks. On top of that, EGLA also shows a nice and consistent pattern of rising prices.
- EGLA is an average performer in the Electrical Equipment industry, it outperforms 67% of 69 stocks in the same industry.
- In the last month EGLA has a been trading in a tight range between 3.43 and 3.59.
- Considerably lower volume is observed in the last couple of days.
Although EGLA has an excellent technical rating, it does not present a decent entry opportunity 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
1.48
5 important resistance areas can be observed.
- A resistance zone ranging from 3.11 to 3.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.42 to 3.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.52 to 3.55. This zone is formed by a combination of multiple trend lines and important moving averages 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 3.69. 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 | UP | POSITIVE | The long term trend for EGLA.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EGLA.MI is up. |
| ChartMill Relative Strength | 74.62 | POSITIVE | EGLA.MI has a high relative strength, it outperformed 74.62% 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 | MIXED | The current price of EGLA.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EGLA.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.45 | NEUTRAL | The RSI value for EGLA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EGLA.MI has a negative trend. |
| Stochastics (14,3) | 62.7 | NEUTRAL | The Stochastics value for EGLA.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for EGLA.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 47.34 | POSITIVE | The high ADX value value for EGLA.MI suggests a strong trend. |
BIT:EGLA (2/16/2026, 5:29:57 PM)
1.49
-2.05 (-57.93%)
EUROGROUP LAMINATIONS SPA / EGLA.MI FAQ
Can you provide the ChartMill technical rating for EUROGROUP LAMINATIONS SPA?
ChartMill assigns a technical rating of 10 / 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 Bullish.
Can you provide the RSI signal for EUROGROUP LAMINATIONS SPA?
EUROGROUP LAMINATIONS SPA (EGLA.MI) has an RSI value of 59.4541. This indicates that the stock is currently neutral.
What is the buy/sell signal for EGLA stock?
The buy/sell signal for EUROGROUP LAMINATIONS SPA (EGLA.MI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for EGLA stock?
EUROGROUP LAMINATIONS SPA (EGLA.MI) has a support level at 3.54 and a resistance level at 3.61. Check the full technical report for our detailed analysis of EGLA.MI support and resistance levels.