EUROGROUP LAMINATIONS SPA (EGLA.MI) Stock Technical Analysis
BIT:EGLA - IT0005527616 - Common Stock
3.58 EUR
-0.04 (-1.21%)
We assign a technical rating of 8 out of 10 to EGLA. Although EGLA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
EGLA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EGLA is lagging the market slightly.
EGLA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, EGLA outperforms 66% of them, which is more or less in line with the market.
EGLA is an average performer in the Electrical Equipment industry, it outperforms 66% of 58 stocks in the same industry.
In the last month EGLA has a been trading in a tight range between 3.57 and 3.71.
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
2.12
3.74
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.57 to 3.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.70 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 | 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 | 66.91 | NEUTRAL | EGLA.MI is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of EGLA.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.22 | NEUTRAL | The RSI value for EGLA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EGLA.MI has a negative trend. |
| Stochastics (14,3) | 21.67 | NEUTRAL | The Stochastics value for EGLA.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.94 | LOW VOLATILITY | The low ATR as a percentage value for EGLA.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 62.37 | POSITIVE | The high ADX value value for EGLA.MI suggests a strong 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 (8/29/2025, 7:00:00 PM)
3.58
-0.04 (-1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.21%
1 Week-1.59%
2 Weeks-2.98%
1 Month0.17%
3 Month28.59%
6 Month26.59%
12 Month-3.09%
2 Year-29.32%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.94%
ATR Inc29.74%
Range Today0.06
ADR(20)0.03
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.91
Mansfield1.45
10 Day High3.71
10 Day Low3.57
20 Day High3.71
20 Day Low3.57
52 Week High3.85
52 Week Low2.1
CS1 End3.57
CR1 Start3.7
Volume & EV
DER(3)-2.1%
DER(5)-0.97%
Volume994.79K
Volume Incr-42.57%
Vol(5)587.46K
Vol(50)662.03K