ELIA GROUP SA/NV (ELI.BR) Stock Technical Analysis
Europe - Euronext Brussels - EBR:ELI - BE0003822393 - Common Stock
We assign a technical rating of 6 out of 10 to ELI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although the technical rating is only medium, ELI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 105.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 103.61, a Stop Loss order could be placed below this zone.
More info and screens
90.78
3 important support areas can be observed.
- A support zone ranging from 102.12 to 103.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @96.07 from a trend line in the daily time frame.
- A support zone ranging from 91.70 to 94.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 105.30 to 107.60. 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 ELI.BR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELI.BR is neutral. |
| ChartMill Relative Strength | 84.15 | POSITIVE | ELI.BR has a high relative strength, it outperformed 84.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ELI.BR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELI.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELI.BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.82 | NEUTRAL | The RSI value for ELI.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ELI.BR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.89 | NEUTRAL | The Stochastics value for ELI.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for ELI.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 24.31 | NEUTRAL | The ADX value for ELI.BR suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 107.61 | 102.11 | 5.50 (5.11%) | 19.57% |
| An entry @107.61. This is a Buy Stop order right above the resistance zone. | An exit @102.11. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.50 points, which is 5.11%. | For a 1.00% total portfolio risk, you can invest 19.57% 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.
EBR:ELI (12/3/2025, 7:00:00 PM)
104.2
+0.7 (+0.68%)
ELIA GROUP SA/NV / ELI.BR FAQ
Can you provide the ChartMill technical rating for ELIA GROUP SA/NV?
ChartMill assigns a technical rating of 6 / 10 to ELI.BR.
What is the trend direction for ELI stock?
The current trend direction for ELIA GROUP SA/NV (ELI.BR) is Bullish.
What is the RSI signal for ELIA GROUP SA/NV (ELI.BR) stock?
ELIA GROUP SA/NV (ELI.BR) has an RSI value of 52.8159. This indicates that the stock is currently neutral.
What is the short term momentum for ELI stock?
The short term momentum for ELIA GROUP SA/NV (ELI.BR) is neutral.