Europe - Euronext Milan - BIT:ELSA - IT0005561466 - Common Stock
Overall ELSA gets a technical rating of 2 out of 10. ELSA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ELSA is bad and it also does not present a 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.
2.08
We found 1 important resistance area.
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 ELSA.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELSA.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ELSA.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELSA.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 54.44 | NEUTRAL | The RSI value for ELSA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ELSA.MI has a positive trend. |
| Stochastics (14,3) | 91.54 | OVERBOUGHT | The high Stochastics value suggests ELSA.MI may be overbought. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for ELSA.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 29.79 | POSITIVE | The high ADX value value for ELSA.MI suggests a strong trend. |
BIT:ELSA (12/5/2025, 7:00:00 PM)
2.1
-0.02 (-0.94%)
ChartMill assigns a technical rating of 2 / 10 to ELSA.MI.
The current trend direction for ELSA SOLUTIONS SPA (ELSA.MI) is Bearish.
ELSA SOLUTIONS SPA (ELSA.MI) has an RSI value of 54.4405. This indicates that the stock is currently neutral.
The MACD indicator for ELSA SOLUTIONS SPA (ELSA.MI) has a value of 0.0700031, indicating a bearish trend.
The short term momentum for ELSA SOLUTIONS SPA (ELSA.MI) is neutral.