BIT:E50ESG - Euronext Milan - LU1971906802 - ETF - Currency: EUR
Taking everything into account, E50ESG scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, E50ESG is a bad performer.
Although E50ESG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
16.32
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 E50ESG.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for E50ESG.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | E50ESG.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of E50ESG.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of E50ESG.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 52.07 | NEUTRAL | The RSI value for E50ESG.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests E50ESG.MI has a negative trend. |
Stochastics (14,3) | 59.17 | NEUTRAL | The Stochastics value for E50ESG.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for E50ESG.MI suggests low volalility. |
Average Directional Index/ADX (14) | 21.33 | NEUTRAL | The ADX value for E50ESG.MI suggests a possible start of a new trend. |
BIT:E50ESG (6/18/2025, 7:00:00 PM)
19.154
-0.29 (-1.48%)