AM EUR CORP B 0-1Y ESG - C (ECR1.MI) Stock Technical Analysis
BIT:ECR1 - Euronext Milan - LU2300294316 - ETF - Currency: EUR
Taking everything into account, ECR1 scores 4 out of 10 in our technical rating. ECR1 has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
ECR1 has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
52.66
We found 1 important support area.
- A support zone ranging from 53.19 to 53.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 53.82 to 53.82. This zone is formed by a combination of multiple trend lines 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 ECR1.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECR1.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ECR1.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 ECR1.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 99.78 | OVERBOUGHT | The high RSI value suggests ECR1.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.89 | NEGATIVE | The MACD value suggests ECR1.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 89.64 | OVERBOUGHT | The high Stochastics value suggests ECR1.MI may be overbought. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for ECR1.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 93.48 | POSITIVE | The high ADX value value for ECR1.MI suggests a strong trend. |
BIT:ECR1 (5/27/2025, 7:00:00 PM)
53.81
0 (0%)