ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ELES - IT0005373417 - Common Stock
We assign a technical rating of 10 out of 10 to ELES. 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.
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.
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1.38
When analyzing the support we can see 5 important areas.
- A support zone ranging from 2.65 to 2.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.50 from a trend line in the daily time frame.
- Support @1.72 from a trend line in the daily time frame.
- Support @1.60 from a trend line in the weekly time frame.
- Support @1.39 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.95 to 2.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 97.38 | POSITIVE | ELES.MI has a high relative strength, it outperformed 97.38% 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) | 74.9 | OVERBOUGHT | The high RSI value suggests ELES.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ELES.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.24 | OVERBOUGHT | The high Stochastics value suggests ELES.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for ELES.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 51.93 | POSITIVE | The high ADX value value for ELES.MI suggests a strong trend. |
BIT:ELES (12/23/2025, 7:00:00 PM)
2.94
+0.04 (+1.38%)
ELES SEMICONDUCTOR EQUIPMENT / ELES.MI FAQ
What is the technical rating for ELES stock?
ChartMill assigns a technical rating of 10 / 10 to ELES.MI.
Can you provide the trend direction for ELES SEMICONDUCTOR EQUIPMENT?
The current trend direction for ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) is Bullish.
What is the RSI signal for ELES stock?
ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) has an RSI value of 74.901. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ELES SEMICONDUCTOR EQUIPMENT?
The MACD indicator for ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) has a value of 0.0163945, indicating a bearish trend.
What is the buy/sell signal for ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) stock?
The buy/sell signal for ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) is buy as both the short term and long term trends are positive.