ESI SPA (ESIGM.MI) Stock Technical Analysis
BIT:ESIGM - Euronext Milan - IT0005421885 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to ESIGM. In the last year, ESIGM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than ESIGM.
ESIGM is part of the Construction & Engineering industry. There are 41 other stocks in this industry, of which 87% are performing better than ESIGM.
In the last month ESIGM has a been trading in the 1.43 - 2.10 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
The technical rating of ESIGM is bad and it also does not present a quality setup 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.
More info and screens
1.24
1.79
We found 3 important support areas.
- Support @1.39 from a trend line in the daily time frame.
- Support @1.30 from a horizontal line in the weekly time frame.
- Support @1.25 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.50 to 1.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.75 to 1.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 ESIGM.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESIGM.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ESIGM.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESIGM.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESIGM.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.66 | NEUTRAL | The RSI value for ESIGM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ESIGM.MI has a negative trend. |
| Stochastics (14,3) | 5.33 | OVERSOLD | The low Stochastics value suggests ESIGM.MI may be oversold. |
| Average True Range in percent/ATR (20) | 10.24 | HIGH VOLATILITY | The high ATR as a percentage value for ESIGM.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 10.76 | NEGATIVE | The low ADX value for ESIGM.MI suggests a weak or negative trend. |
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)
BIT:ESIGM (6/17/2025, 7:00:00 PM)
1.455
-0.01 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.68%
1 Week-3%
2 Weeks-27.07%
1 Month-7.91%
3 Month6.59%
6 Month-23.82%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%10.24%
ATR Inc-65.82%
Range Today0.04
ADR(20)0.09
ADR(20)%6.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.98
10 Day Low1.43
20 Day High2.1
20 Day Low1.43
52 Week HighN/A
52 Week LowN/A
CS1 End1.39
CR1 Start1.5
Volume & EV
DER(3)0%
DER(5)0%
Volume6.30K
Volume Incr-68.34%
Vol(5)16.20K
Vol(50)65.45K