ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) Technical Analysis
BIT:ELES • IT0005373417
Current stock price
ELES.MI Technical Rating and Analysis
Overall ELES gets a technical rating of 7 out of 10. Although ELES is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- ELES is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- ELES is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- Looking at the yearly performance, ELES did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- ELES is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 45% of 71 stocks in the same industry.
ELES.MI Weekly and Daily overview Charts
ELES.MI Setup Rating and Analysis
ELES has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.17, a Stop Loss order could be placed below this zone.
More info and screens
ELES.MI Support and Resistance Analysis
1.66
3 important support areas can be observed.
- A support zone ranging from 3.16 to 3.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.71 from a trend line in the daily time frame.
- Support @1.68 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.19 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 | 78.46 | POSITIVE | ELES.MI has a high relative strength, it outperformed 78.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELES.MI is below a declining 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) | 65.34 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 15.79 | OVERSOLD | The low Stochastics value suggests ELES.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for ELES.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 69.6 | POSITIVE | The high ADX value value for ELES.MI suggests a strong trend. |
ELES.MI Chart- and CandleStick Pattern Analysis
ELES.MI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.23 | 3.15 | 0.08 (2.48%) | 25.00% |
| An entry @3.23. This is a Buy Stop order right above the resistance zone. | An exit @3.15. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 2.48%. | For a 0.62% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ELES.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ELES (4/9/2026, 7:00:00 PM)
3.19
0 (0%)
ELES SEMICONDUCTOR EQUIPMENT / ELES.MI TA FAQ
What is the technical rating for ELES stock?
ChartMill assigns a technical rating of 7 / 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.
What is the RSI signal for ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) stock?
ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) has an RSI value of 65.3368. This indicates that the stock is currently neutral.
What is the short term momentum for ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) stock?
The short term momentum for ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) is positive.
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.