EDGELAB SPA (ELB.MI) Technical Analysis
BIT:ELB • IT0005627762
Current stock price
ELB.MI Technical Rating and Analysis
Taking everything into account, ELB scores 3 out of 10 in our technical rating. ELB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, ELB is a bad performer in the overall market: 100% of all stocks are doing better.
- ELB is part of the Electronic Equipment, Instruments & Components industry. There are 54 other stocks in this industry, of which 84% are performing better than ELB.
- The long and short term trends are both positive. This is looking good!
- In the last month ELB has a been trading in the 3.92 - 7.32 range, which is quite wide. It is currently trading near the high of this range.
ELB.MI Weekly and Daily overview Charts
ELB.MI Setup Rating and Analysis
The technical rating of ELB is bad and it also does not present a 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
ELB.MI Support and Resistance Analysis
6.26
When analyzing the resistance we notice one important area.
- Resistance @6.99 from a horizontal line in the daily time frame.
ELB.MI Technical Indicator Signal Analysis
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 ELB.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELB.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ELB.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 52.43 | NEUTRAL | The RSI value for ELB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests ELB.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.25 | NEUTRAL | The Stochastics value for ELB.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 10.21 | HIGH VOLATILITY | The high ATR as a percentage value for ELB.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.59 | POSITIVE | The high ADX value value for ELB.MI suggests a strong trend. |
ELB.MI Chart- and CandleStick Pattern Analysis
ELB.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ELB (1/2/2026, 7:00:00 PM)
6.32
+1.06 (+20.15%)
EDGELAB SPA / ELB.MI TA FAQ
What is the ChartMill technical rating of EDGELAB SPA (ELB.MI) stock?
ChartMill assigns a technical rating of 3 / 10 to ELB.MI.
What is the current trend direction of EDGELAB SPA (ELB.MI) stock?
The current trend direction for EDGELAB SPA (ELB.MI) is Bullish.
What is the RSI signal for ELB stock?
EDGELAB SPA (ELB.MI) has an RSI value of 52.4291. This indicates that the stock is currently neutral.
What is the MACD signal for ELB stock?
The MACD indicator for EDGELAB SPA (ELB.MI) has a value of -0.164065, indicating a bearish trend.
What is the buy/sell signal for ELB stock?
The buy/sell signal for EDGELAB SPA (ELB.MI) is buy as both the short term and long term trends are positive.