EUROGROUP LAMINATIONS SPA (EGLA.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:EGLA - IT0005527616 - Common Stock
Taking everything into account, EGLA scores 5 out of 10 in our technical rating. EGLA has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
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
3.08
3 important support areas can be observed.
- A support zone ranging from 3.30 to 3.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.23 to 3.23. 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 3.41 to 3.44. 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 | 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 | 54.39 | 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 | MIXED | The current price of EGLA.MI is above 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) | 61.38 | NEUTRAL | The RSI value for EGLA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EGLA.MI has a positive trend. |
| Stochastics (14,3) | 81.35 | 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) | 33.82 | POSITIVE | The high ADX value value for EGLA.MI suggests a strong trend. |
BIT:EGLA (1/9/2026, 7:00:00 PM)
3.38
+0.09 (+2.64%)
EUROGROUP LAMINATIONS SPA / EGLA.MI FAQ
Can you provide the ChartMill technical rating for EUROGROUP LAMINATIONS SPA?
ChartMill assigns a technical rating of 5 / 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 61.3768. 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 3.31 and a resistance level at 3.41. Check the full technical report for our detailed analysis of EGLA.MI support and resistance levels.