EUROFINS SCIENTIFIC (ERF.PA)
FR0014000MR3 - Common Stock
Overall ERF gets a technical rating of 8 out of 10. Although ERF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
ERF is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 85% of 15 stocks in the same industry.
ERF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ERF is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, ERF outperforms 44% of them, which is more or less in line with the market.
In the last month ERF has a been trading in the 55.84 - 62.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 57.77, a Stop Loss order could be placed below this zone.
More info and screens
52.86
63.21
When analyzing the support we can see 3 important areas.
- A support zone ranging from 57.23 to 57.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.40 from a horizontal line in the daily time frame.
- A support zone ranging from 53.39 to 53.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 59.70 to 59.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @61.43 from a horizontal line in the daily time frame.
- Resistance @62.58 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.75
Mansfield-0.31
10 Day High62.1
10 Day Low58.22
20 Day High62.1
20 Day Low55.84
52 Week High65.24
52 Week Low44.83
Performance
1 Week-0.47%
2 Weeks1.74%
1 Month6.4%
3 Month7.79%
6 Month29.42%
12 Month-2.65%
2 Year-32.91%
3 Year-27.72%
5 Year45.88%
10 Year197.6%
15 Year1314.28%
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)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)54.37
LBB58.42
UBB61.38
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 |
|---|---|---|---|
| 59.83 | 58.21 | 1.62 (2.71%) | 25.00% |
| An entry @59.83. This is a Buy Stop order right above the resistance zone. | An exit @58.21. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.62 points, which is 2.71%. | For a 0.68% 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.
EUROFINS SCIENTIFIC
EPA:ERF (4/19/2024, 7:00:00 PM)
59.52
-0.56 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.93%
1 Week-0.47%
2 Weeks1.74%
1 Month6.4%
3 Month7.79%
6 Month29.42%
12 Month-2.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.62
ATR(20)%2.42%
ATR Inc
Range Today0.98
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High62.1
10 Day Low58.22
20 Day High62.1
20 Day Low55.84
52 Week High65.24
52 Week Low44.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume265.89K
Volume Incr-23.92%
Vol(5)258.79K
Vol(50)343.35K