AMUNDI MSCI EUROPE UCITS DR (CEU2.MI) Stock Technical Analysis
BIT:CEU2 - Euronext Milan - LU1437015735 - ETF - Currency: EUR
Taking everything into account, CEU2 scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, CEU2 also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 102.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 101.61, a Stop Loss order could be placed below this zone.
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85.69
We found 5 important support areas.
- A support zone ranging from 98.04 to 101.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @95.56 from a trend line in the weekly time frame.
- Support @91.50 from a trend line in the daily time frame.
- A support zone ranging from 88.71 to 89.90. 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.
We found 1 important resistance area.
- A resistance zone ranging from 102.28 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 | 84.3 | POSITIVE | CEU2.MI has a high relative strength, it outperformed 84.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CEU2.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CEU2.MI is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 54.34 | NEUTRAL | The RSI value for CEU2.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests CEU2.MI has a negative trend. |
| Stochastics (14,3) | 57.11 | NEUTRAL | The Stochastics value for CEU2.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for CEU2.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.91 | NEGATIVE | The low ADX value for CEU2.MI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 102.97 | 100.35 | 2.62 (2.54%) | 25.00% |
| An entry @102.97. This is a Buy Stop order right above the 10 day high. | An exit @100.35. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.62 points, which is 2.54%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.64%. |
- 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.
BIT:CEU2 (7/15/2025, 7:00:00 PM)
101.8
-0.38 (-0.37%)