ESTORIL SOL SGPS SA-REG SHS (ESON.LS) Stock Technical Analysis
ELI:ESON - Euronext Lisbon - PTESO0AM0000 - Common Stock - Currency: EUR
Overall ESON gets a technical rating of 0 out of 10. ESON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
93% of all other stocks performed better in the past year than ESON.
ESON is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ESON is lagging the market.
Warning: ESON has an average volume of 830 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ESON has a been trading in the 3.90 - 4.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ESON does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.44. Right above this resistance zone may be a good entry point.
More info and screens
4.26
7.42
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 4.44 to 4.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.81 to 4.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.90 from a trend line in the daily time frame.
- Resistance @5.12 from a trend line in the weekly time frame.
- Resistance @7.35 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for ESON.LS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESON.LS is down. |
| ChartMill Relative Strength | 7.33 | NEGATIVE | ESON.LS has a low relative strength, it was outperformed by 92.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESON.LS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESON.LS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ESON.LS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.4 | NEUTRAL | The RSI value for ESON.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ESON.LS has a negative trend. |
| Stochastics (14,3) | 42.96 | NEUTRAL | The Stochastics value for ESON.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.53 | HIGH VOLATILITY | The high ATR as a percentage value for ESON.LS suggests high volalility. |
| Average Directional Index/ADX (14) | 11.5 | NEGATIVE | The low ADX value for ESON.LS 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)
ELI:ESON (5/27/2025, 7:00:00 PM)
4.3
+0.02 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.47%
1 Week-6.52%
2 Weeks-2.27%
1 Month-8.51%
3 Month-2.71%
6 Month-29.51%
12 Month-44.16%
2 Year-45.22%
3 Year-21.82%
5 Year-46.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%5.53%
ATR Inc-96.98%
Range Today0
ADR(20)0.04
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.33
Mansfield-3.58
10 Day High4.64
10 Day Low4.2
20 Day High4.8
20 Day Low3.9
52 Week High8
52 Week Low3.9
CS1 EndN/A
CR1 Start4.44
Volume & EV
DER(3)0%
DER(5)0%
Volume530
Volume Incr-41.81%
Vol(5)619.2
Vol(50)830