EUROFINS SCIENTIFIC (ERF.PA) Stock Technical Analysis
EPA:ERF - Euronext Paris - Matif - FR0014000MR3 - Common Stock - Currency: EUR
Overall ERF gets a technical rating of 10 out of 10. 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.
Looking at the yearly performance, ERF did better than 91% of all other stocks.
ERF is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 100% of 17 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.
In the last month ERF has a been trading in the 56.30 - 61.50 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. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for ERF in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
45.53
61.86
5 important support areas can be observed.
- A support zone ranging from 56.09 to 56.36. 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.
- Support @48.58 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 found 1 important resistance area.
- A resistance zone ranging from 60.00 to 61.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 91.64 | POSITIVE | ERF.PA has a high relative strength, it outperformed 91.64% 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) | 59.29 | NEUTRAL | The RSI value for ERF.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests ERF.PA has a negative trend. |
| Stochastics (14,3) | 60.98 | NEUTRAL | The Stochastics value for ERF.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for ERF.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 35.36 | 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 |
|---|---|---|---|
| 60.01 | 58.45 | 1.56 (2.60%) | 25.00% |
| An entry @60.01. This is a Buy Stop order right above the 10 day moving average. | An exit @58.45. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.56 points, which is 2.60%. | For a 0.65% 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 (6/23/2025, 7:00:00 PM)
59.52
+0.02 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.03%
1 Week-2.81%
2 Weeks1.67%
1 Month5.57%
3 Month19.25%
6 Month21.22%
12 Month27.86%
2 Year2.34%
3 Year-20.72%
5 Year6.55%
10 Year117.94%
15 Year1934.87%
Volatility
ATR(14)1.11
ATR(20)%1.83%
ATR Inc-19.37%
Range Today0.74
ADR(20)1.06
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.64
Mansfield1.05
10 Day High61.5
10 Day Low58.46
20 Day High61.5
20 Day Low56.3
52 Week High61.5
52 Week Low43.72
CS1 End56.36
CR1 Start60
Volume & EV
DER(3)2.68%
DER(5)3.82%
Volume348.64K
Volume Incr14.09%
Vol(5)449.91K
Vol(50)404.22K