AMUNDI EUR CORPORATE BOND ES (ECRP.MI) Stock Technical Analysis
BIT:ECRP - Euronext Milan - LU1437018168 - ETF - Currency: EUR
Overall ECRP gets a technical rating of 7 out of 10. Although ECRP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ECRP has an average volume of 7471 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ECRP is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ECRP is leading the market.
When comparing the performance of all stocks over the past year, ECRP turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
In the last month ECRP has a been trading in a tight range between 51.94 and 53.40.
Although ECRP has an excellent technical rating, it does not present a decent entry opportunity 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
45.73
53.94
We found 3 important support areas.
- A support zone ranging from 51.84 to 53.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @50.29 from a horizontal line in the daily time frame.
- A support zone ranging from 46.19 to 46.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 53.41 to 53.41. 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 ECRP.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECRP.MI is up. |
| ChartMill Relative Strength | 57.33 | NEUTRAL | ECRP.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECRP.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECRP.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECRP.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.25 | OVERBOUGHT | The high RSI value suggests ECRP.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ECRP.MI has a positive trend. |
| Stochastics (14,3) | 96.38 | OVERBOUGHT | The high Stochastics value suggests ECRP.MI may be overbought. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for ECRP.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.69 | NEGATIVE | The low ADX value for ECRP.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)
BIT:ECRP (6/16/2025, 7:00:00 PM)
53.4
+0.12 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.23%
1 Week0.68%
2 Weeks0.91%
1 Month1.85%
3 Month1.27%
6 Month2.44%
12 Month6.31%
2 Year12.2%
3 Year2.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.33%
ATR Inc40.74%
Range Today0.25
ADR(20)0.14
ADR(20)%0.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.33
Mansfield-0.31
10 Day High53.4
10 Day Low52.84
20 Day High53.4
20 Day Low51.94
52 Week High53.4
52 Week Low49.83
CS1 End53.12
CR1 Start53.41
Volume & EV
DER(3)0%
DER(5)0%
Volume3.92K
Volume Incr19.43%
Vol(5)5.64K
Vol(50)7.47K