AMUNDI EUR FLOAT RATE CORP B (AFRN.MI) Technical Analysis
BIT:AFRN • LU1681041114
Current stock price
AFRN.MI Technical Rating and Analysis
Overall AFRN gets a technical rating of 6 out of 10. Although AFRN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: AFRN has an average volume of 5323 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- AFRN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AFRN is leading the market.
- When comparing the performance of all stocks over the past year, AFRN turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
- In the last month AFRN has a been trading in a tight range between 111.41 and 111.93.
- Volume is considerably higher in the last couple of days.
AFRN.MI Weekly and Daily overview Charts
AFRN.MI Setup Rating and Analysis
AFRN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 111.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 111.67, 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
AFRN.MI Support and Resistance Analysis
107.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 110.62 to 111.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @108.55 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 111.80 to 111.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
AFRN.MI Technical Indicator Signal Analysis
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 AFRN.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AFRN.MI is neutral. |
| ChartMill Relative Strength | 40.74 | NEUTRAL | AFRN.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFRN.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFRN.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AFRN.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.11 | NEUTRAL | The RSI value for AFRN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AFRN.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.24 | NEUTRAL | The Stochastics value for AFRN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for AFRN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 40.56 | POSITIVE | The high ADX value value for AFRN.MI suggests a strong trend. |
AFRN.MI Chart- and CandleStick Pattern Analysis
AFRN.MI Example Setup
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 |
|---|---|---|---|
| 111.81 | 111.55 | 0.26 (0.23%) | 25.00% |
| An entry @111.81. This is a Buy Stop order right above the resistance zone. | An exit @111.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.26 points, which is 0.23%. | For a 0.06% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AFRN. Please evaluate whether better entry and exit points can be found.
- 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.
AFRN.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:AFRN (4/1/2026, 7:00:00 PM)
111.79
+0.13 (+0.12%)
AMUNDI EUR FLOAT RATE CORP B / AFRN.MI TA FAQ
What is the ChartMill technical rating of AMUNDI EUR FLOAT RATE CORP B (AFRN.MI) stock?
ChartMill assigns a technical rating of 6 / 10 to AFRN.MI.
What is the current trend direction of AMUNDI EUR FLOAT RATE CORP B (AFRN.MI) stock?
The current trend direction for AMUNDI EUR FLOAT RATE CORP B (AFRN.MI) is Bullish.
What is the RSI signal for AMUNDI EUR FLOAT RATE CORP B (AFRN.MI) stock?
AMUNDI EUR FLOAT RATE CORP B (AFRN.MI) has an RSI value of 57.1133. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMUNDI EUR FLOAT RATE CORP B?
The MACD indicator for AMUNDI EUR FLOAT RATE CORP B (AFRN.MI) has a value of -0.00264218, indicating a bearish trend.
What are the support and resistance levels for AMUNDI EUR FLOAT RATE CORP B (AFRN.MI) stock?
AMUNDI EUR FLOAT RATE CORP B (AFRN.MI) has a support level at 111.67 and a resistance level at 111.8. Check the full technical report for our detailed analysis of AFRN.MI support and resistance levels.