UB ET SP 50 SCR & SC-HE EU A (5ESGE.MI) Stock Technical Analysis
BIT:5ESGE - Euronext Milan - IE00BHXMHQ65 - ETF - Currency: EUR
Overall 5ESGE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, 5ESGE has proven to be a steady performer, scoring decent points in every aspect analyzed.
5ESGE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.67, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
28.39
3 important support areas can be observed.
- A support zone ranging from 34.05 to 34.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.44 to 33.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.68 to 28.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 34.69 to 34.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 5ESGE.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 5ESGE.MI is up. |
| ChartMill Relative Strength | 87.02 | POSITIVE | 5ESGE.MI has a high relative strength, it outperformed 87.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 5ESGE.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 5ESGE.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 64.61 | NEUTRAL | The RSI value for 5ESGE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests 5ESGE.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.25 | OVERBOUGHT | The high Stochastics value suggests 5ESGE.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for 5ESGE.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 25.4 | POSITIVE | The high ADX value value for 5ESGE.MI suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.72 | 34.05 | 0.67 (1.93%) | 25.00% |
| An entry @34.72. This is a Buy Stop order right above the resistance zone. | An exit @34.05. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.67 points, which is 1.93%. | For a 0.48% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:5ESGE (7/17/2025, 7:00:00 PM)
34.68
+0.38 (+1.09%)