EL.EN. SPA (ELN.MI) Technical Analysis
BIT:ELN • IT0005453250
Current stock price
ELN.MI Technical Rating and Analysis
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
ELN.MI Setup Rating and Analysis
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.
More info and screens
ELN.MI Support and Resistance Analysis
11.50
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ELN.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELN.MI is up. |
| ChartMill Relative Strength | 83.29 | POSITIVE | ELN.MI has a high relative strength, it outperformed 83.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELN.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ELN.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELN.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.45 | NEUTRAL | The RSI value for ELN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ELN.MI has a positive trend. |
| Stochastics (14,3) | 92.57 | OVERBOUGHT | The high Stochastics value suggests ELN.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for ELN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 28 | POSITIVE | The high ADX value value for ELN.MI suggests a strong trend. |
ELN.MI Chart- and CandleStick Pattern Analysis
ELN.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ELN (4/17/2026, 7:00:00 PM)
13.73
+0.61 (+4.65%)
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.