BIT:ELES - IT0005373417 - Common Stock
Taking everything into account, ELES scores 8 out of 10 in our technical rating. In the last year, ELES was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
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.
1.38
5 important support areas can be observed.
2 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 ELES.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELES.MI is up. |
ChartMill Relative Strength | 90.96 | POSITIVE | ELES.MI has a high relative strength, it outperformed 90.96% 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) | DOWN | MIXED | The current price of ELES.MI is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 63.6 | NEUTRAL | The RSI value for ELES.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ELES.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 80.25 | OVERBOUGHT | The high Stochastics value suggests ELES.MI may be overbought. |
Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for ELES.MI suggests some volalility. |
Average Directional Index/ADX (14) | 32.27 | POSITIVE | The high ADX value value for ELES.MI suggests a strong trend. |
BIT:ELES (9/5/2025, 7:00:00 PM)
2.27
-0.03 (-1.3%)