ESF Technical Analysis - EDIL SAN FELICE SPA SOCIETA

Technical Rating and Analysis

Taking everything into account, ESF scores 4 out of 10 in our technical rating. In the last year, ESF was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, ESF is a bad performer in the overall market: 100% of all stocks are doing better.

ESF is part of the Construction & Engineering industry. There are 42 other stocks in this industry, of which 82% are performing better than ESF.

Warning: ESF has an average volume of 12895 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.

In the last month ESF has a been trading in the 3.55 - 4.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

EDIL SAN FELICE SPA SOCIETA / ESF Weekly stock chart

EDIL SAN FELICE SPA SOCIETA / ESF Daily stock chart

Setup Rating and Analysis

ESF has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.59

4.77

3 important support areas can be observed.

A support zone ranging from 4.14 to 4.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @3.87 from a trend line in the daily time frame.
Support @3.63 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

Resistance @4.58 from a horizontal line in the weekly time frame.
A resistance zone ranging from 4.66 to 4.72. This zone is formed by a combination of multiple trend lines in the daily time frame.

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What is Support and Resistance

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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.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for ESF.MI is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for ESF.MI is neutral.
ChartMill Relative Strength	0	NEGATIVE	ESF.MI has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of ESF.MI is above a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of ESF.MI is below the rising SMA(50).
Relative Strength Index/RSI (14)	49.85	NEUTRAL	The RSI value for ESF.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests ESF.MI has a positive trend, although the MACD value is declining.
Stochastics (14,3)	64.81	NEUTRAL	The Stochastics value for ESF.MI is a neutral value.
Average True Range in percent/ATR (20)	5.84	HIGH VOLATILITY	The high ATR as a percentage value for ESF.MI suggests high volalility.
Average Directional Index/ADX (14)	24.72	NEUTRAL	The ADX value for ESF.MI suggests a possible start of a new trend.