AMUNDI BEL 20 UCITS ETF (BEL.BR) Stock Technical Analysis
EBR:BEL - Euronext Brussels - FR0000021842 - ETF - Currency: EUR
Overall BEL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BEL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: BEL has an average volume of 2027 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!
Looking at the yearly performance, BEL did better than 78% of all other stocks. We also observe that the gains produced by BEL over the past year are nicely spread over this period.
BEL is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BEL is leading the market.
In the last month BEL has a been trading in a tight range between 64.39 and 67.70.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, BEL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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 67.17. Right above this resistance zone may be a good entry point.
More info and screens
58.72
68.43
When analyzing the support we can see 5 important areas.
- A support zone ranging from 66.45 to 67.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.45 to 65.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.93 from a horizontal line in the daily time frame.
- Support @60.39 from a trend line in the weekly time frame.
- Support @59.31 from a horizontal line in the weekly time frame.
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 BEL.BR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BEL.BR is up. |
| ChartMill Relative Strength | 78.69 | POSITIVE | BEL.BR has a high relative strength, it outperformed 78.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BEL.BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BEL.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BEL.BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.35 | NEUTRAL | The RSI value for BEL.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BEL.BR has a negative trend. |
| Stochastics (14,3) | 82.73 | OVERBOUGHT | The high Stochastics value suggests BEL.BR may be overbought. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for BEL.BR suggests low volalility. |
| Average Directional Index/ADX (14) | 9.77 | NEGATIVE | The low ADX value for BEL.BR 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 |
|---|---|---|---|
| 67.57 | 65.57 | 2.00 (2.96%) | 25.00% |
| An entry @67.57. This is a Buy Stop order right above the resistance zone. | An exit @65.57. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.00 points, which is 2.96%. | For a 0.74% 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.
EBR:BEL (6/4/2025, 7:00:00 PM)
67.75
+0.39 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.58%
1 Week-0.46%
2 Weeks-0.22%
1 Month1.42%
3 Month1.97%
6 Month6.18%
12 Month14.73%
2 Year27.22%
3 Year22.18%
5 Year35.7%
10 Year27.05%
15 Year116.65%
Volatility
ATR(14)0.64
ATR(20)%1.01%
ATR Inc-24.92%
Range Today0.33
ADR(20)0.57
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.69
Mansfield0.33
10 Day High67.7
10 Day Low65.58
20 Day High67.7
20 Day Low64.39
52 Week High67.7
52 Week Low55.82
CS1 End67.15
CR1 Start67.17
Volume & EV
DER(3)0%
DER(5)0%
Volume1.76K
Volume Incr-72.11%
Vol(5)516.4
Vol(50)2.03K