AMUNDI EUR FLOAT RATE CORP B (AFRN.MI) Stock Technical Analysis
BIT:AFRN - Euronext Milan - LU1681041114 - ETF - Currency: EUR
Overall AFRN gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AFRN is only an average performer.
Warning: AFRN has an average volume of 5182 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
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 54% of all stocks.
In the last month AFRN has a been trading in a tight range between 108.77 and 109.60.
Volume is considerably higher in the last couple of days.
Although AFRN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
107.33
110.48
We found 1 important support area.
- A support zone ranging from 108.41 to 109.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 109.39 to 109.39. 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 AFRN.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AFRN.MI is up. |
| ChartMill Relative Strength | 54.82 | 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) | 64.4 | NEUTRAL | The RSI value for AFRN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AFRN.MI has a positive trend. |
| Stochastics (14,3) | 73.96 | 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) | 35.23 | POSITIVE | The high ADX value value for AFRN.MI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:AFRN (5/23/2025, 1:54:19 PM)
109.36
-0.02 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.02%
1 Week0.16%
2 Weeks0.2%
1 Month0.23%
3 Month0.58%
6 Month1.52%
12 Month3.54%
2 Year8%
3 Year8.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.18%
ATR Inc68.52%
Range Today0
ADR(20)0.16
ADR(20)%0.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.82
Mansfield-0.33
10 Day High109.6
10 Day Low109.06
20 Day High109.6
20 Day Low108.77
52 Week High109.6
52 Week Low105.48
CS1 End109.21
CR1 Start109.39
Volume & EV
DER(3)0%
DER(5)0%
Volume13
Volume Incr48.55%
Vol(5)7.43K
Vol(50)5.18K