EUTELSAT COMMUNICATIONS (ETL.PA)

FR0010221234 - Common Stock

5.5  -0.09 (-1.61%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to ETL. ETL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ETL is a bad performer in the overall market: 93% of all stocks are doing better.
ETL is part of the Media industry. There are 64 other stocks in this industry, of which 79% are performing better than ETL.
ETL 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 ETL is lagging the market.
In the last month ETL has a been trading in the 5.35 - 5.83 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.

More info and screens

Statistics
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.54
Mansfield-2.26
10 Day High5.84
10 Day Low5.35
20 Day High5.84
20 Day Low5.35
52 Week High10.25
52 Week Low5.35
Performance
1 Week0.64%
2 Weeks-5.34%
1 Month1.85%
3 Month-6.78%
6 Month-8.33%
12 Month-38.44%
Weekly and Daily overview Charts
ETL Weekly chart
ETL Daily chart
Setup Rating and Analysis

8

ETL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 5.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ETL in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

More info and screens

Support and Resistance Analysis

5.31

6.38

When analyzing the support we notice one important area.

  • A support zone ranging from 5.36 to 5.39. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • Resistance @5.67 from a trend line in the daily time frame.
  • A resistance zone ranging from 5.90 to 5.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 6.17 to 6.32. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

ETL Daily chart

EUTELSAT COMMUNICATIONS

EPA:ETL (9/22/2023, 7:00:00 PM)

5.5

-0.09 (-1.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.61%
1 Week0.64%
2 Weeks-5.34%
1 Month1.85%
3 Month-6.78%
6 Month-8.33%
12 Month-38.44%
Volatility
ATR(14)0.14
ATR(20)%2.28%
ATR Inc16.02%
Range Today0.09
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.54
Mansfield-2.26
10 Day High5.84
10 Day Low5.35
20 Day High5.84
20 Day Low5.35
52 Week High10.25
52 Week Low5.35
CS1 End5.39
CR1 Start5.67
Volume & EV
DER(3)9.96%
DER(5)8.27%
Volume414.98K
Volume Incr-7.99%
Vol(5)342.86K
Vol(50)376.10K