ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) Technical Analysis
BIT:ELES • IT0005373417
Current stock price
ELES.MI Technical Rating and Analysis
Taking everything into account, ELES scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ELES has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ELES did better than 94% of all other stocks.
- ELES is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ELES is leading the market.
- ELES is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 57% of 58 stocks in the same industry.
- In the last month ELES has a been trading in the 2.90 - 3.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ELES.MI Weekly and Daily overview Charts
ELES.MI Setup Rating and Analysis
Although ELES has an excellent technical rating, it does not present a decent entry opportunity 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
ELES.MI Support and Resistance Analysis
1.65
We found 4 important support areas.
- A support zone ranging from 3.16 to 3.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.87 from a trend line in the daily time frame.
- Support @1.75 from a trend line in the daily time frame.
- Support @1.67 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.20 to 3.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.29 from a horizontal line in the daily time frame.
ELES.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 | UP | POSITIVE | The long term trend for ELES.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELES.MI is up. |
| ChartMill Relative Strength | 94.45 | POSITIVE | ELES.MI has a high relative strength, it outperformed 94.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELES.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELES.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELES.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.58 | NEUTRAL | The RSI value for ELES.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ELES.MI has a negative trend. |
| Stochastics (14,3) | 37.33 | NEUTRAL | The Stochastics value for ELES.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for ELES.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 68.8 | POSITIVE | The high ADX value value for ELES.MI suggests a strong trend. |
ELES.MI Chart- and CandleStick Pattern Analysis
ELES.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ELES (3/26/2026, 7:00:00 PM)
3.19
-0.09 (-2.74%)
ELES SEMICONDUCTOR EQUIPMENT / ELES.MI TA FAQ
What is the technical rating for ELES stock?
ChartMill assigns a technical rating of 10 / 10 to ELES.MI.
What is the current trend direction of ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) stock?
The current trend direction for ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) is Bullish.
Can you provide the RSI signal for ELES SEMICONDUCTOR EQUIPMENT?
ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) has an RSI value of 66.583. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ELES SEMICONDUCTOR EQUIPMENT?
The buy/sell signal for ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for ELES stock?
ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) has a support level at 3.2 and a resistance level at 3.22. Check the full technical report for our detailed analysis of ELES.MI support and resistance levels.