BME:ELE - Bolsa De Madrid - ES0130670112 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to ELE. In the last year, ELE was one of the better performers, but we do observe some doubts in the very recent evolution.
ELE has an average technical rating and it also does not offer a high 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.
20.16
We found 3 important support areas.
3 important resistance areas can be observed.
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 ELE.MC is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELE.MC is down. |
ChartMill Relative Strength | 81.83 | POSITIVE | ELE.MC has a high relative strength, it outperformed 81.83% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELE.MC is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELE.MC is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELE.MC is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 37.19 | NEUTRAL | The RSI value for ELE.MC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ELE.MC has a negative trend. |
Stochastics (14,3) | 6.76 | OVERSOLD | The low Stochastics value suggests ELE.MC may be oversold. |
Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for ELE.MC suggests low volalility. |
Average Directional Index/ADX (14) | 16.51 | NEGATIVE | The low ADX value for ELE.MC suggests a weak or negative trend. |
BME:ELE (7/16/2025, 5:35:15 PM)
25.88
-0.06 (-0.23%)