AM EU HR M-W G BD 3-5Y-ETF A (AAA35.MI) Stock Technical Analysis
BIT:AAA35 - Euronext Milan - LU1829219713 - ETF - Currency: EUR
Overall AAA35 gets a technical rating of 4 out of 10. In the last year, AAA35 was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, AAA35 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 107.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 106.57, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
98.09
We found 2 important support areas.
- A support zone ranging from 105.57 to 106.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 99.08 to 100.22. 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 107.14 to 107.30. 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 AAA35.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AAA35.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AAA35.MI 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 AAA35.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AAA35.MI is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 60.2 | NEUTRAL | The RSI value for AAA35.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests AAA35.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 90.38 | OVERBOUGHT | The high Stochastics value suggests AAA35.MI may be overbought. |
| Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for AAA35.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 22.97 | NEUTRAL | The ADX value for AAA35.MI suggests a possible start of a new trend. |
BIT:AAA35 (5/26/2025, 7:00:00 PM)
107.1
-0.01 (-0.01%)