AMUNDI STOXX EUROPE 600 ESG (AME6.DE) Stock Technical Analysis
FRA:AME6 - LU1681040223 - ETF
136.78 EUR
-0.04 (-0.03%)
We assign a technical rating of 6 out of 10 to AME6. Although AME6 is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: AME6 has an average volume of 6310 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
AME6 is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AME6 is lagging the market slightly.
When comparing the performance of all stocks over the past year, AME6 turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
In the last month AME6 has a been trading in a tight range between 134.84 and 140.26.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, AME6 does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 136.13, 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
119.32
141.67
When analyzing the support we can see 5 important areas.
- A support zone ranging from 135.41 to 136.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 131.91 to 132.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @125.66 from a trend line in the weekly time frame.
- Support @123.28 from a horizontal line in the weekly time frame.
- Support @120.53 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 137.02 to 140.27. This zone is formed by a combination of multiple trend lines and important moving averages 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 AME6.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AME6.DE is neutral. |
| ChartMill Relative Strength | 49.56 | NEUTRAL | AME6.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AME6.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AME6.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AME6.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.9 | NEUTRAL | The RSI value for AME6.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests AME6.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.14 | NEUTRAL | The Stochastics value for AME6.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for AME6.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 15.2 | NEGATIVE | The low ADX value for AME6.DE suggests a weak or negative 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)
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 |
|---|---|---|---|
| 137.03 | 135.40 | 1.63 (1.19%) | 25.00% |
| An entry @137.03. This is a Buy Stop order right above the 10 day moving average. | An exit @135.40. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.63 points, which is 1.19%. | For a 0.30% 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 AME6. 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.
FRA:AME6 (9/5/2025, 7:00:00 PM)
136.78
-0.04 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.03%
1 Week0.06%
2 Weeks-2.48%
1 Month0.86%
3 Month-0.97%
6 Month0.46%
12 Month9.81%
2 Year27.52%
3 Year52.08%
5 Year70.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.09
ATR(20)%0.72%
ATR Inc3.06%
Range Today1.04
ADR(20)0.84
ADR(20)%0.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.56
Mansfield-0.5
10 Day High139.62
10 Day Low134.84
20 Day High140.26
20 Day Low134.84
52 Week High140.26
52 Week Low114.12
CS1 End136.13
CR1 Start137.02
Volume & EV
DER(3)0%
DER(5)0%
Volume1.29K
Volume Incr32.92%
Vol(5)3.95K
Vol(50)6.31K