ERG SPA (ERG.MI) Technical Analysis
BIT:ERG • IT0001157020
Current stock price
22.14 EUR
-0.42 (-1.86%)
Last:
ERG.MI Technical Rating and Analysis
Overall ERG gets a technical rating of 2 out of 10. ERG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, ERG turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
- ERG is part of the Independent Power and Renewable Electricity Producers industry. There are 21 other stocks in this industry, ERG did better than 65% of them.
- ERG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ERG is lagging the market slightly.
- In the last month ERG has a been trading in the 20.40 - 25.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ERG.MI Weekly and Daily overview Charts
ERG.MI Setup Rating and Analysis
ERG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.32, a Stop Loss order could be placed below this zone.
More info and screens
ERG.MI Support and Resistance Analysis
19.98
25.19
3 important support areas can be observed.
- Support @21.32 from a horizontal line in the weekly time frame.
- A support zone ranging from 20.62 to 20.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @20.18 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.15 to 22.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.72 to 24.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
ERG.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 ERG.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ERG.MI is neutral. |
| ChartMill Relative Strength | 63.86 | NEUTRAL | ERG.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERG.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ERG.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ERG.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.87 | NEUTRAL | The RSI value for ERG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ERG.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.42 | OVERBOUGHT | The high Stochastics value suggests ERG.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for ERG.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.23 | NEGATIVE | The low ADX value for ERG.MI suggests a weak or negative trend. |
ERG.MI Chart- and CandleStick Pattern Analysis
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)
ERG.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ERG (4/8/2026, 7:00:00 PM)
22.14
-0.42 (-1.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.86%
1 Week1.1%
2 Weeks7.27%
1 Month-10.07%
3 Month-2.04%
6 Month-1.25%
12 Month32.65%
2 Year-12.49%
3 Year-19.2%
5 Year-10.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%3.94%
ATR Inc13.51%
Range Today1.18
ADR(20)0.76
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.86
3 months CRS38.85
6 months CRS32.52
Mansfield0.13
10 Day High23.24
10 Day Low20.4
20 Day High25.2
20 Day Low20.4
52 Week High26.18
52 Week Low16.72
CS1 End21.32
CR1 Start22.15
Volume & EV
DER(3)1.86%
DER(5)1.48%
Volume345.02K
Volume Incr-17.04%
Vol(5)328.42K
Vol(50)434.39K
ERG SPA / ERG.MI TA FAQ
What is the ChartMill technical rating of ERG SPA (ERG.MI) stock?
ChartMill assigns a technical rating of 2 / 10 to ERG.MI.
Can you provide the trend direction for ERG SPA?
The current trend direction for ERG SPA (ERG.MI) is Bearish.
What is the RSI signal for ERG SPA (ERG.MI) stock?
ERG SPA (ERG.MI) has an RSI value of 47.8666. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ERG SPA?
The MACD indicator for ERG SPA (ERG.MI) has a value of 0.111904, indicating a bearish trend.
Can you provide the short term momentum for ERG SPA?
The short term momentum for ERG SPA (ERG.MI) is neutral.