ELICA SPA (ELC.MI) Stock Technical Analysis
BIT:ELC - Euronext Milan - IT0003404214 - Common Stock - Currency: EUR
Taking everything into account, ELC scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ELC was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ELC is a bad performer in the overall market: 84% of all stocks are doing better.
ELC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ELC has a been trading in the 1.33 - 1.60 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ELC is an average performer in the Household Durables industry, it outperforms 42% of 36 stocks in the same industry.
ELC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 1.39, a Stop Loss order could be placed below this zone.
More info and screens
1.36
1.97
We found 1 important support area.
- A support zone ranging from 1.37 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.40 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.46 to 1.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 @1.72 from a trend line in the daily time frame.
- Resistance @1.95 from a horizontal 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 | UP | POSITIVE | The short term trend for ELC.MI is up. |
| ChartMill Relative Strength | 16.42 | NEGATIVE | ELC.MI has a low relative strength, it was outperformed by 83.58% off all stocks 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 | NEGATIVE | The current price of ELC.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.25 | 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) | 26.54 | NEUTRAL | The Stochastics value for ELC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for ELC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.73 | NEGATIVE | The low ADX value for ELC.MI suggests a weak or negative trend. |
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)
BIT:ELC (7/24/2025, 11:44:12 AM)
1.4
-0.01 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.36%
1 Week-1.27%
2 Weeks-2.78%
1 Month3.7%
3 Month12.45%
6 Month-18.6%
12 Month-30.69%
2 Year-45.53%
3 Year-50%
5 Year-44.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%3.85%
ATR Inc-79.17%
Range Today0
ADR(20)0.04
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.42
Mansfield-2.46
10 Day High1.6
10 Day Low1.33
20 Day High1.6
20 Day Low1.33
52 Week High2.2
52 Week Low1.08
CS1 End1.39
CR1 Start1.4
Volume & EV
DER(3)0%
DER(5)0%
Volume764
Volume Incr-11.8%
Vol(5)37.27K
Vol(50)39.12K