ELICA SPA (ELC.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ELC - IT0003404214 - Common Stock
Taking everything into account, ELC scores 7 out of 10 in our technical rating. ELC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
ELC has an excellent technical rating, but the quality of the setup is only medium 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
1.46
2 important support areas can be observed.
- A support zone ranging from 1.53 to 1.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.47 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.69 to 1.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.78 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.82 to 1.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 ELC.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELC.MI is up. |
| ChartMill Relative Strength | 44.72 | NEUTRAL | ELC.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ELC.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELC.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ELC.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.1 | NEUTRAL | The RSI value for ELC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ELC.MI has a negative trend. |
| Stochastics (14,3) | 15.08 | OVERSOLD | The low Stochastics value suggests ELC.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for ELC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 44.09 | POSITIVE | The high ADX value value for ELC.MI suggests a strong trend. |
BIT:ELC (11/20/2025, 7:00:00 PM)
1.675
-0.03 (-2.05%)
ELICA SPA / ELC.MI FAQ
What is the ChartMill technical rating of ELICA SPA (ELC.MI) stock?
ChartMill assigns a technical rating of 7 / 10 to ELC.MI.
Can you provide the trend direction for ELICA SPA?
The current trend direction for ELICA SPA (ELC.MI) is Bullish.
What is the RSI signal for ELC stock?
ELICA SPA (ELC.MI) has an RSI value of 56.0969. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ELICA SPA?
The buy/sell signal for ELICA SPA (ELC.MI) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ELICA SPA?
ELICA SPA (ELC.MI) has a support level at 1.69 and a resistance level at 1.78. Check the full technical report for our detailed analysis of ELC.MI support and resistance levels.