EUROFINS SCIENTIFIC (ERF.PA) Stock Technical Analysis
EPA:ERF - Euronext Paris - Matif - FR0014000MR3 - Common Stock - Currency: EUR
Taking everything into account, ERF scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ERF is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
ERF is part of the Life Sciences Tools & Services industry. There are 19 other stocks in this industry. ERF outperforms 94% of them.
ERF is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ERF is leading the market.
ERF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that ERF is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
ERF has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 56.33, a Stop Loss order could be placed below this zone.
More info and screens
45.53
60.41
6 important support areas can be observed.
- A support zone ranging from 56.11 to 56.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.65 from a horizontal line in the daily time frame.
- A support zone ranging from 52.39 to 52.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @48.19 from a trend line in the weekly time frame.
- A support zone ranging from 47.07 to 47.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 45.99 to 46.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @57.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 59.06 to 59.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 ERF.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ERF.PA is up. |
| ChartMill Relative Strength | 81.38 | POSITIVE | ERF.PA has a high relative strength, it outperformed 81.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ERF.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ERF.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ERF.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.63 | NEUTRAL | The RSI value for ERF.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ERF.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.86 | NEUTRAL | The Stochastics value for ERF.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for ERF.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.64 | POSITIVE | The high ADX value value for ERF.PA suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 56.43 | 55.98 | 0.45 (0.80%) | 25.00% |
| An entry @56.43. This is a Buy Stop order right above the resistance zone. | An exit @55.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.45 points, which is 0.80%. | For a 0.20% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ERF. Please evaluate whether better entry and exit points can be found.
- 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.
EPA:ERF (5/27/2025, 5:29:51 PM)
56.72
+0.34 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.6%
1 Week-0.35%
2 Weeks2.87%
1 Month5.78%
3 Month17.41%
6 Month21.22%
12 Month2.46%
2 Year-7.98%
3 Year-34.67%
5 Year-6.68%
10 Year104.69%
15 Year1741.56%
Volatility
ATR(14)1
ATR(20)%1.88%
ATR Inc-42.05%
Range Today0.69
ADR(20)1
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.38
Mansfield0.74
10 Day High57.18
10 Day Low54.1
20 Day High57.78
20 Day Low53.46
52 Week High58.24
52 Week Low39.47
CS1 End56.33
CR1 Start56.42
Volume & EV
DER(3)0.84%
DER(5)-0.38%
Volume120.62K
Volume Incr-31.96%
Vol(5)265.82K
Vol(50)420.75K