AMUNDI EUR CORPORATE BOND 1- (EBBB.MI) Stock Technical Analysis
BIT:EBBB - Euronext Milan - LU1525418643 - ETF - Currency: EUR
Taking everything into account, EBBB scores 7 out of 10 in our technical rating. Although EBBB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
EBBB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 54.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.87, a Stop Loss order could be placed below this zone.
More info and screens
47.67
When analyzing the support we can see 2 important areas.
- A support zone ranging from 52.79 to 53.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.15 to 48.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.00 to 54.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 54.06 | 53.48 | 0.58 (1.07%) | 25.00% |
| An entry @54.06. This is a Buy Stop order right above the resistance zone. | An exit @53.48. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.58 points, which is 1.07%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.27%. |
- 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:EBBB (5/2/2025, 7:00:00 PM)
53.97
-0.07 (-0.13%)