ELICA SPA (ELC.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ELC - IT0003404214 - Common Stock
We assign a technical rating of 1 out of 10 to ELC. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 90% of all other stocks performed better in the past year than ELC.
- ELC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: ELC has an average volume of 25069 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- ELC is an average performer in the Household Durables industry, it outperforms 43% of 33 stocks in the same industry.
- 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.
ELC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.40
2 important support areas can be observed.
- Support @1.46 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.41 to 1.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.47 to 1.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.52 to 1.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.65 from a trend line in the weekly time frame.
- Resistance @1.74 from a trend line in the weekly 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 | 10.44 | NEGATIVE | ELC.MI has a low relative strength, it was outperformed by 89.56% 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) | UP | MIXED | The current price of ELC.MI is below the rising 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) | 39.16 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 28.17 | NEUTRAL | The Stochastics value for ELC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for ELC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.91 | NEGATIVE | The low ADX value for ELC.MI suggests a weak or negative trend. |
BIT:ELC (1/27/2026, 7:00:00 PM)
1.47
-0.02 (-1.34%)
ELICA SPA / ELC.MI FAQ
What is the ChartMill technical rating of ELICA SPA (ELC.MI) stock?
ChartMill assigns a technical rating of 1 / 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 39.1639. 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 -0.00713893, 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.