AMUNDI MSCI DIGITAL ECONOMY (EBUY.MI) Stock Technical Analysis
BIT:EBUY - LU2023678878 - ETF
16.57 EUR
-0.07 (-0.42%)
Taking everything into account, EBUY scores 10 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, EBUY is showing a nice and steady performance.
Warning: EBUY has an average volume of 3280 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, EBUY did better than 71% of all other stocks. On top of that, EBUY also shows a nice and consistent pattern of rising prices.
EBUY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EBUY is lagging the market slightly.
EBUY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Besides having an excellent technical rating, EBUY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.48
16.77
When analyzing the support we can see 4 important areas.
- A support zone ranging from 15.58 to 15.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.89 from a trend line in the weekly time frame.
- A support zone ranging from 13.25 to 13.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.61 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @16.60 from a trend line in the daily time frame.
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 EBUY.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EBUY.MI is up. |
| ChartMill Relative Strength | 71.96 | POSITIVE | EBUY.MI has a high relative strength, it outperformed 71.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EBUY.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EBUY.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EBUY.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.79 | NEUTRAL | The RSI value for EBUY.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests EBUY.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.6 | OVERBOUGHT | The high Stochastics value suggests EBUY.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for EBUY.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.92 | NEGATIVE | The low ADX value for EBUY.MI suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 16.61 | 15.97 | 0.64 (3.84%) | 25.00% |
| An entry @16.61. This is a Buy Stop order right above the resistance zone. | An exit @15.97. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.64 points, which is 3.84%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- 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:EBUY (9/3/2025, 7:00:00 PM)
16.57
-0.07 (-0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.42%
1 Week-0.91%
2 Weeks3.46%
1 Month4.44%
3 Month5.22%
6 Month7.7%
12 Month25.84%
2 Year49.09%
3 Year53.48%
5 Year76.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%1.33%
ATR Inc-64.31%
Range Today0.05
ADR(20)0.08
ADR(20)%0.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.96
Mansfield-0.29
10 Day High16.84
10 Day Low15.98
20 Day High16.84
20 Day Low15.39
52 Week High17.74
52 Week Low12.29
CS1 End15.83
CR1 Start16.6
Volume & EV
DER(3)0%
DER(5)0%
Volume122
Volume Incr-6.29%
Vol(5)1.52K
Vol(50)3.28K