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WT BRENT CRUDE - EUR DLY HDG (EBRT.MI) Stock Technical Analysis

BIT:EBRT - Euronext Milan - JE00B7305Z55 - ETF - Currency: EUR

4.67  +0.04 (+0.85%)

Technical Rating and Analysis

3

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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
Warning: EBRT has an average volume of 17777 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, EBRT did better than 83% of all other stocks. However, EBRT's most recent performance is quite weak.
EBRT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EBRT is lagging the market slightly.
In the last month EBRT has a been trading in the 4.28 - 5.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
WT BRENT CRUDE - EUR DLY HDG / EBRT Weekly stock chart
WT BRENT CRUDE - EUR DLY HDG / EBRT Daily stock chart
Setup Rating and Analysis

5

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.

Support and Resistance Analysis

4.30

5.96

2 important support areas can be observed.

  • A support zone ranging from 4.42 to 4.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @4.34 from a horizontal line in the daily time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 4.68 to 4.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @5.05 from a trend line in the daily time frame.
  • A resistance zone ranging from 5.70 to 5.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @5.90 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for EBRT.MI is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for EBRT.MI is down.
ChartMill Relative Strength83.37POSITIVEEBRT.MI has a high relative strength, it outperformed 83.37% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of EBRT.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of EBRT.MI is below a declining SMA(50).
Relative Strength Index/RSI (14)43.98NEUTRALThe RSI value for EBRT.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests EBRT.MI has a negative trend, although the MACD value is rising.
Stochastics (14,3)28.69NEUTRALThe Stochastics value for EBRT.MI is a neutral value.
Average True Range in percent/ATR (20)4.32MEDIUM VOLATILITYThe ATR as a percentage value for EBRT.MI suggests some volalility.
Average Directional Index/ADX (14)13.58NEGATIVEThe low ADX value for EBRT.MI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
WT BRENT CRUDE - EUR DLY HDG / EBRT Daily stock chart

WT BRENT CRUDE - EUR DLY HDG

BIT:EBRT (5/21/2025, 7:00:00 PM)

4.67

+0.04 (+0.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.85%
1 Week0.43%
2 Weeks-10.47%
1 Month-4.63%
3 Month-21.1%
6 Month-5.14%
12 Month60.79%
2 Year-1.54%
3 Year22.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%4.32%
ATR Inc-16.45%
Range Today0.03
ADR(20)0.05
ADR(20)%1.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.37
Mansfield-2.01
10 Day High5.33
10 Day Low4.28
20 Day High5.52
20 Day Low4.28
52 Week High6.4
52 Week Low2.99
CS1 End4.47
CR1 Start4.68
Volume & EV
DER(3)0%
DER(5)0%
Volume11.59K
Volume Incr6.82%
Vol(5)14.86K
Vol(50)17.78K