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ERG SPA (ERG.MI) Stock Technical Analysis

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

21.73 EUR
-0.11 (-0.5%)
Last: 11/26/2025, 1:41:51 PM
Technical Rating and Analysis

5

Overall ERG gets a technical rating of 5 out of 10. ERG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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 compared to the yearly performance of all other stocks, ERG outperforms 49% of them, which is more or less in line with the market.
ERG is part of the Independent Power and Renewable Electricity Producers industry. There are 19 other stocks in this industry, ERG did better than 66% of them.
In the last month ERG has a been trading in the 21.10 - 22.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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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

Although the technical rating is only medium, ERG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 21.77, a Stop Loss order could be placed below this zone.

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Support and Resistance Analysis

20.87

23.11

2 important support areas can be observed.

  • A support zone ranging from 21.42 to 21.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.08 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 21.77 to 22.88. This zone is formed by a combination of multiple trend lines and important moving averages 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 Strength49.36NEUTRALERG.MI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ERG.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of ERG.MI is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ERG.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)46.64NEUTRALThe RSI value for ERG.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.09NEGATIVEThe MACD value suggests ERG.MI has a negative trend, although the MACD value is rising.
Stochastics (14,3)36.2NEUTRALThe Stochastics value for ERG.MI is a neutral value.
Average True Range in percent/ATR (20)2.32MEDIUM VOLATILITYThe ATR as a percentage value for ERG.MI suggests some volalility.
Average Directional Index/ADX (14)24.07NEUTRALThe ADX value for ERG.MI suggests a possible start of a new 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 (11/26/2025, 1:41:51 PM)

21.73

-0.11 (-0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.5%
1 Week-0.46%
2 Weeks-2.33%
1 Month-2.41%
3 Month5.71%
6 Month17.42%
12 Month5.1%
2 Year-17.02%
3 Year-27.83%
5 Year8.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%2.32%
ATR Inc17.3%
Range Today0.25
ADR(20)0.49
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.36
3 months CRS65.13
6 months CRS75.91
Mansfield0.15
10 Day High22.96
10 Day Low21.1
20 Day High22.96
20 Day Low21.1
52 Week High22.98
52 Week Low15.96
CS1 End21.77
CR1 Start21.91
Volume & EV
DER(3)0.37%
DER(5)-1.39%
Volume32.35K
Volume Incr10.82%
Vol(5)299.01K
Vol(50)279.46K

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 46.6442. 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.