BIT:EBRT - Euronext Milan - JE00B7305Z55 - ETF - Currency: EUR
Taking everything into account, EBRT scores 3 out of 10 in our technical rating. Although EBRT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
EBRT has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
4.30
2 important support areas can be observed.
4 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for EBRT.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EBRT.MI is down. |
ChartMill Relative Strength | 83.37 | POSITIVE | EBRT.MI has a high relative strength, it outperformed 83.37% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EBRT.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EBRT.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 43.98 | NEUTRAL | The RSI value for EBRT.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EBRT.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 28.69 | NEUTRAL | The Stochastics value for EBRT.MI is a neutral value. |
Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for EBRT.MI suggests some volalility. |
Average Directional Index/ADX (14) | 13.58 | NEGATIVE | The low ADX value for EBRT.MI suggests a weak or negative trend. |
BIT:EBRT (5/21/2025, 7:00:00 PM)
4.67
+0.04 (+0.85%)