ELICA SPA (ELC.MI) Technical Analysis
BIT:ELC • IT0003404214
Current stock price
ELC.MI Technical Rating and Analysis
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.
- When comparing the yearly performance of all stocks, ELC is a bad performer in the overall market: 92% of all stocks are doing better.
- ELC is part of the Household Durables industry. There are 33 other stocks in this industry, of which 62% are performing better than ELC.
- ELC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ELC is lagging the market.
- 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 19548 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
ELC.MI Weekly and Daily overview Charts
ELC.MI Setup Rating and Analysis
ELC has a poor technical rating and the quality of the setup is also 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
ELC.MI Support and Resistance Analysis
1.16
We found 1 important support area.
- Support @1.17 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.58 from a trend line in the weekly time frame.
- Resistance @1.63 from a trend line in the weekly time frame.
- Resistance @1.79 from a trend line in the daily time frame.
ELC.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 | 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 | 8.49 | NEGATIVE | ELC.MI has a low relative strength, it was outperformed by 91.51% 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) | 33.65 | NEUTRAL | The RSI value for ELC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ELC.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.03 | OVERSOLD | The low Stochastics value suggests ELC.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for ELC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 43.91 | POSITIVE | The high ADX value value for ELC.MI suggests a strong trend. |
ELC.MI Chart- and CandleStick Pattern Analysis
ELC.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ELC (3/25/2026, 11:12:51 AM)
1.21
+0.03 (+2.98%)
ELICA SPA / ELC.MI TA 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 33.6501. 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 -0.0016331, 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.