EUROGROUP LAMINATIONS SPA (EGLA.MI) Stock Technical Analysis
BIT:EGLA - Euronext Milan - IT0005527616 - Common Stock - Currency: EUR
Overall EGLA gets a technical rating of 1 out of 10. EGLA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, EGLA is a bad performer in the overall market: 87% of all stocks are doing better.
EGLA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month EGLA has a been trading in the 2.10 - 2.60 range, which is quite wide. It is currently trading near the high of this range.
EGLA is part of the Electrical Equipment industry. There are 54 other stocks in this industry, EGLA did better than 50% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, EGLA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.49. Right above this resistance zone may be a good entry point.
More info and screens
2.46
2.78
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.49 to 2.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.75 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.28
Mansfield-2.26
10 Day High2.6
10 Day Low2.32
20 Day High2.6
20 Day Low2.1
52 Week High4.78
52 Week Low2.1
Performance
1 Week-2.35%
2 Weeks-3.04%
1 Month8.17%
3 Month-4.45%
6 Month-27.42%
12 Month-39.96%
2 Year-58.18%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)51.33
LBB2.34
UBB2.58
BIT:EGLA (5/2/2025, 5:29:48 PM)
2.488
+0.04 (+1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.55%
1 Week-2.35%
2 Weeks-3.04%
1 Month8.17%
3 Month-4.45%
6 Month-27.42%
12 Month-39.96%
2 Year-58.18%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%5.15%
ATR Inc-34.24%
Range Today0.06
ADR(20)0.12
ADR(20)%4.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.28
Mansfield-2.26
10 Day High2.6
10 Day Low2.32
20 Day High2.6
20 Day Low2.1
52 Week High4.78
52 Week Low2.1
CS1 EndN/A
CR1 Start2.49
Volume & EV
DER(3)-0.42%
DER(5)-0.09%
Volume61.76K
Volume Incr-49.15%
Vol(5)233.45K
Vol(50)641.06K