EL.EN. SPA (ELN.MI) Technical Analysis

BIT:ELN • IT0005453250

Current stock price

13.73 EUR
+0.61 (+4.65%)
Last:

ELN.MI Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to ELN. ELN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

  • The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
  • When comparing the yearly performance of all stocks, we notice that ELN is one of the better performing stocks in the market, outperforming 83% of all stocks.
  • ELN is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 83% of 63 stocks in the same industry.
  • ELN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ELN is lagging the market slightly.
  • In the last month ELN has a been trading in the 11.09 - 13.73 range, which is quite wide. It is currently trading near the high of this range.

ELN.MI Weekly and Daily overview Charts

EL.EN. SPA / ELN Weekly stock chart
EL.EN. SPA / ELN Daily stock chart

ELN.MI Setup Rating and Analysis

0

Although ELN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

ELN.MI Support and Resistance Analysis

11.50

14.79

4 important support areas can be observed.

  • A support zone ranging from 12.95 to 13.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @12.17 from a horizontal line in the daily time frame.
  • Support @11.82 from a trend line in the weekly time frame.
  • Support @11.62 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 14.63 to 14.64. This zone is formed by a combination of multiple trend lines in multiple time frames.

ELN.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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for ELN.MI is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ELN.MI is up.
ChartMill Relative Strength83.29POSITIVEELN.MI has a high relative strength, it outperformed 83.29% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ELN.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of ELN.MI is above a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ELN.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)64.45NEUTRALThe RSI value for ELN.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.18POSITIVEThe MACD value suggests ELN.MI has a positive trend.
Stochastics (14,3)92.57OVERBOUGHTThe high Stochastics value suggests ELN.MI may be overbought.
Average True Range in percent/ATR (20)3.47MEDIUM VOLATILITYThe ATR as a percentage value for ELN.MI suggests some volalility.
Average Directional Index/ADX (14)28POSITIVEThe high ADX value value for ELN.MI suggests a strong trend.

ELN.MI Chart- and CandleStick Pattern Analysis

Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)

ELN.MI Technicals: Chart, Performance Metrics, Trend & Indicators

EL.EN. SPA / ELN Daily stock chart

EL.EN. SPA

BIT:ELN (4/17/2026, 7:00:00 PM)

13.73

+0.61 (+4.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg4.65%
1 Week4.97%
2 Weeks8.54%
1 Month13.75%
3 Month-4.25%
6 Month18.46%
12 Month73.8%
2 Year16.06%
3 Year17.35%
5 Year-61.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%3.47%
ATR Inc17.98%
Range Today0.69
ADR(20)0.45
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.29
3 months CRS25.58
6 months CRS70.93
Mansfield0.4
10 Day High13.73
10 Day Low12.35
20 Day High13.73
20 Day Low11.09
52 Week High14.74
52 Week Low7.7
CS1 End13.17
CR1 Start14.63
Volume & EV
DER(3)-2.56%
DER(5)0.06%
Volume94.18K
Volume Incr-22.85%
Vol(5)49.52K
Vol(50)46.22K

EL.EN. SPA / ELN.MI TA FAQ

What is the technical rating for ELN stock?

ChartMill assigns a technical rating of 7 / 10 to ELN.MI.


What is the trend direction for ELN stock?

The current trend direction for EL.EN. SPA (ELN.MI) is Bearish.


What is the RSI signal for EL.EN. SPA (ELN.MI) stock?

EL.EN. SPA (ELN.MI) has an RSI value of 64.454. This indicates that the stock is currently neutral.


What is the short term momentum for EL.EN. SPA (ELN.MI) stock?

The short term momentum for EL.EN. SPA (ELN.MI) is positive.