SPD MSC ALL COU WO HDG-EUR (EACW.MI) Stock Technical Analysis
BIT:EACW - Euronext Milan - IE00BF1B7389 - ETF - Currency: EUR
Taking everything into account, EACW scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EACW is showing a nice and steady performance.
Besides having an excellent technical rating, EACW 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 20.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.45, a Stop Loss order could be placed below this zone.
More info and screens
17.79
3 important support areas can be observed.
- A support zone ranging from 20.12 to 20.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.91 from a trend line in the weekly time frame.
- A support zone ranging from 17.97 to 18.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 20.98 to 21.29. This zone is formed by a combination of multiple trend lines 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 EACW.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EACW.MI is up. |
| ChartMill Relative Strength | 77.16 | POSITIVE | EACW.MI has a high relative strength, it outperformed 77.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EACW.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EACW.MI is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 58.98 | NEUTRAL | The RSI value for EACW.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests EACW.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.93 | OVERBOUGHT | The high Stochastics value suggests EACW.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for EACW.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.8 | NEGATIVE | The low ADX value for EACW.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 |
|---|---|---|---|
| 21.30 | 20.11 | 1.19 (5.59%) | 17.90% |
| An entry @21.30. This is a Buy Stop order right above the resistance zone. | An exit @20.11. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.19 points, which is 5.59%. | For a 1.00% total portfolio risk, you can invest 17.90% 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.
BIT:EACW (5/29/2025, 7:00:00 PM)
20.745
+0.29 (+1.39%)