WT GOLD - EUR DAILY HEDGED (EBUL.MI) Stock Technical Analysis
BIT:EBUL - Euronext Milan - JE00B4RKQV36 - ETF - Currency: EUR
Taking everything into account, EBUL scores 6 out of 10 in our technical rating. In the last year, EBUL was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
EBUL has an average technical rating and also the quality of the setup is 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.
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11.20
When analyzing the support we notice one important area.
- A support zone ranging from 11.31 to 11.51. This zone is formed by a combination of multiple trend lines and important moving averages 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 EBUL.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EBUL.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | EBUL.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 EBUL.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EBUL.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 66.73 | NEUTRAL | The RSI value for EBUL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EBUL.MI has a negative trend. |
| Stochastics (14,3) | 56.67 | NEUTRAL | The Stochastics value for EBUL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for EBUL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 38.58 | POSITIVE | The high ADX value value for EBUL.MI suggests a strong 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 |
|---|---|---|---|
| 12.33 | 11.30 | 1.03 (8.37%) | 11.95% |
| An entry @12.33. This is a Buy Stop order right above the 10 day high. | An exit @11.30. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.03 points, which is 8.37%. | When investing 11.95% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:EBUL (5/26/2025, 7:00:00 PM)
11.674
+0.35 (+3.11%)