ERG SPA (ERG.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ERG - IT0001157020 - Common Stock
Taking everything into account, ERG scores 5 out of 10 in our technical rating. 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.
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 21.77, a Stop Loss order could be placed below this zone.
More info and screens
20.87
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.42 to 21.77. 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.
We found 1 important resistance area.
- A resistance zone ranging from 21.91 to 22.88. 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 ERG.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ERG.MI is neutral. |
| ChartMill Relative Strength | 49.36 | 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) | UP | MIXED | The current price of ERG.MI is below the rising 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) | 46.64 | NEUTRAL | The RSI value for ERG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ERG.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.2 | NEUTRAL | The Stochastics value for ERG.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for ERG.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.07 | NEUTRAL | The ADX value for ERG.MI suggests a possible start of a new trend. |
BIT:ERG (11/25/2025, 7:00:00 PM)
21.84
-0.08 (-0.36%)
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.