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ERG SPA (ERG.MI) Stock Technical Analysis

Europe - Euronext Milan - BIT:ERG - IT0001157020 - Common Stock

21.84 EUR
+0.1 (+0.46%)
Last: 12/19/2025, 7:00:00 PM
Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to ERG. In the last year, ERG was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ERG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ERG is lagging the market slightly.
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 57% of all stocks.
ERG is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 61% of 19 stocks in the same industry.
In the last month ERG has a been trading in a tight range between 21.21 and 22.36.

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Weekly and Daily overview Charts
ERG SPA / ERG Weekly stock chart
ERG SPA / ERG Daily stock chart
Setup Rating and Analysis

8

ERG has only a medium 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 21.81, a Stop Loss order could be placed below this zone.

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Support and Resistance Analysis

21.13

23.11

We found 1 important support area.

  • A support zone ranging from 21.34 to 21.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 22.14 to 22.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 22.60 to 22.88. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ERG.MI is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ERG.MI is neutral.
ChartMill Relative Strength57.95NEUTRALERG.MI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ERG.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ERG.MI is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ERG.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)50.07NEUTRALThe RSI value for ERG.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests ERG.MI has a positive trend.
Stochastics (14,3)43.77NEUTRALThe Stochastics value for ERG.MI is a neutral value.
Average True Range in percent/ATR (20)1.64LOW VOLATILITYThe low ATR as a percentage value for ERG.MI suggests low volalility.
Average Directional Index/ADX (14)12.05NEGATIVEThe low ADX value for ERG.MI suggests a weak or negative trend.
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)

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ERG SPA / ERG Daily stock chart

ERG SPA

BIT:ERG (12/19/2025, 7:00:00 PM)

21.84

+0.1 (+0.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.46%
1 Week1.2%
2 Weeks-0.64%
1 Month1.3%
3 Month7.27%
6 Month17.23%
12 Month11.26%
2 Year-24.32%
3 Year-24.59%
5 Year-6.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.64%
ATR Inc0%
Range Today0.36
ADR(20)0.36
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.95
3 months CRS67.75
6 months CRS71.27
Mansfield0.08
10 Day High22.22
10 Day Low21.21
20 Day High22.36
20 Day Low21.21
52 Week High22.98
52 Week Low15.96
CS1 End21.81
CR1 Start22.14
Volume & EV
DER(3)-1.55%
DER(5)-1.44%
Volume372.97K
Volume Incr-8.44%
Vol(5)184.78K
Vol(50)236.31K

ERG SPA / ERG.MI FAQ

What is the ChartMill technical rating of ERG SPA (ERG.MI) stock?

ChartMill assigns a technical rating of 5 / 10 to ERG.MI.


What is the current trend direction of ERG SPA (ERG.MI) stock?

The current trend direction for ERG SPA (ERG.MI) is Bullish.


What is the RSI signal for ERG stock?

ERG SPA (ERG.MI) has an RSI value of 50.0732. This indicates that the stock is currently neutral.


Can you provide the short term momentum for ERG SPA?

The short term momentum for ERG SPA (ERG.MI) is neutral.