ELICA SPA (ELC.MI) Stock Technical Analysis
BIT:ELC • IT0003404214
Taking everything into account, ELC scores 0 out of 10 in our technical rating. ELC'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 90% of all other stocks performed better in the past year than ELC.
- ELC is one of the lesser performing stocks in the Household Durables industry. 64% of 35 stocks in the same industry do better.
- In the last month ELC has a been trading in the 1.37 - 1.75 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: ELC has an average volume of 25227 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- ELC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELC is lagging the market.
- Considerably lower volume is observed in the last couple of days.
The technical rating of ELC 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
1.35
We found 1 important support area.
- A support zone ranging from 1.36 to 1.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.51 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.61 to 1.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.73 from a trend line in the weekly time frame.
- Resistance @1.80 from a trend line 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 | DOWN | NEGATIVE | The long term trend for ELC.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELC.MI is down. |
| ChartMill Relative Strength | 10.27 | NEGATIVE | ELC.MI has a low relative strength, it was outperformed by 89.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELC.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELC.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELC.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.83 | 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) | 3.57 | OVERSOLD | The low Stochastics value suggests ELC.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for ELC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.45 | NEGATIVE | The low ADX value for ELC.MI suggests a weak or negative trend. |
BIT:ELC (2/12/2026, 3:54:30 PM)
1.37
0 (0%)
ELICA SPA / ELC.MI FAQ
What is the ChartMill technical rating of ELICA SPA (ELC.MI) stock?
ChartMill assigns a technical rating of 0 / 10 to ELC.MI.
What is the current trend direction of ELICA SPA (ELC.MI) stock?
The current trend direction for ELICA SPA (ELC.MI) is Bearish.
What is the RSI signal for ELC stock?
ELICA SPA (ELC.MI) has an RSI value of 30.8292. This indicates that the stock is currently neutral.
What is the MACD signal for ELICA SPA (ELC.MI) stock?
The MACD indicator for ELICA SPA (ELC.MI) has a value of -0.00887236, indicating a bearish trend.
What is the buy/sell signal for ELICA SPA (ELC.MI) stock?
The buy/sell signal for ELICA SPA (ELC.MI) is sell as both the short term and long term trends are negative.