AMS:29IT - IE00076HZIP3 - ETF
Taking everything into account, 29IT scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, 29IT is only an average performer.
Although 29IT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
4.98
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 29IT.AS is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 29IT.AS is up. |
ChartMill Relative Strength | 45.82 | NEUTRAL | 29IT.AS is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 29IT.AS is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 29IT.AS is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 72.82 | OVERBOUGHT | The high RSI value suggests 29IT.AS may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests 29IT.AS has a positive trend. |
Stochastics (14,3) | 98.59 | OVERBOUGHT | The high Stochastics value suggests 29IT.AS may be overbought. |
Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for 29IT.AS suggests low volalility. |
Average Directional Index/ADX (14) | 21.25 | NEUTRAL | The ADX value for 29IT.AS suggests a possible start of a new trend. |
AMS:29IT (9/8/2025, 7:00:00 PM)
5.2921
+0.03 (+0.51%)