AMS:31ID - Euronext Amsterdam - IE0009EQZP90 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to 31ID. 31ID has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, 31ID does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.08, a Stop Loss order could be placed below this zone.
4.88
2 important support areas can be observed.
When analyzing the resistance we notice one important 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 31ID.AS is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 31ID.AS is up. |
ChartMill Relative Strength | 0 | NEGATIVE | 31ID.AS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 31ID.AS is above the rising SMA(20). |
Relative Strength Index/RSI (14) | 56.28 | NEUTRAL | The RSI value for 31ID.AS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests 31ID.AS has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 81.71 | OVERBOUGHT | The high Stochastics value suggests 31ID.AS may be overbought. |
Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for 31ID.AS suggests low volalility. |
Average Directional Index/ADX (14) | 10.86 | NEGATIVE | The low ADX value for 31ID.AS suggests a weak or negative trend. |
AMS:31ID (5/30/2025, 7:00:00 PM)
5.085
+0.02 (+0.45%)