AMUNDI MSCI EUROPE UCITS DR (CEU2.MI) Stock Technical Analysis
BIT:CEU2 - Euronext Milan - LU1437015735 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to CEU2. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CEU2 is showing a nice and steady performance.
Warning: CEU2 has an average volume of 6836 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, CEU2 did better than 81% of all other stocks. We also observe that the gains produced by CEU2 over the past year are nicely spread over this period.
CEU2 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 CEU2 is leading the market.
In the last month CEU2 has a been trading in the 96.56 - 103.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CEU2 has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
85.69
104.68
We found 3 important support areas.
- A support zone ranging from 94.14 to 95.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 88.71 to 90.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @86.56 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 101.49 to 103.64. 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 CEU2.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEU2.MI is up. |
| ChartMill Relative Strength | 81.6 | POSITIVE | CEU2.MI has a high relative strength, it outperformed 81.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CEU2.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEU2.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 51.8 | NEUTRAL | The RSI value for CEU2.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests CEU2.MI has a negative trend. |
| Stochastics (14,3) | 57.54 | NEUTRAL | The Stochastics value for CEU2.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for CEU2.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 21.36 | NEUTRAL | The ADX value for CEU2.MI suggests a possible start of a new 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:CEU2 (6/18/2025, 7:00:00 PM)
100.86
-1.84 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.79%
1 Week-1.6%
2 Weeks-2.4%
1 Month4.75%
3 Month1.46%
6 Month13.44%
12 Month32.99%
2 Year25.35%
3 Year25.21%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%0.96%
ATR Inc87.2%
Range Today0.5
ADR(20)0.67
ADR(20)%0.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.6
Mansfield-0.27
10 Day High103.64
10 Day Low100.76
20 Day High103.64
20 Day Low96.56
52 Week High103.96
52 Week Low70.76
CS1 End95.49
CR1 Start101.49
Volume & EV
DER(3)0%
DER(5)0%
Volume3.41K
Volume Incr-25.46%
Vol(5)6.03K
Vol(50)6.84K