AMUNDI EUR CORPORATE BOND ES (ECRP.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ECRP - LU1437018168 - ETF
Overall ECRP gets a technical rating of 3 out of 10. ECRP was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is bad, ECRP does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 53.79, a Stop Loss order could be placed below this zone.
More info and screens
51.32
We found 2 important support areas.
- A support zone ranging from 53.58 to 53.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 51.84 to 52.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 53.90 to 54.91. 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 ECRP.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECRP.MI is down. |
| ChartMill Relative Strength | 38.92 | NEUTRAL | ECRP.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECRP.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ECRP.MI is below 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) | 38.92 | NEUTRAL | The RSI value for ECRP.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ECRP.MI has a negative trend. |
| Stochastics (14,3) | 30.53 | NEUTRAL | The Stochastics value for ECRP.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for ECRP.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.21 | NEGATIVE | The low ADX value for ECRP.MI suggests a weak or negative trend. |
BIT:ECRP (12/22/2025, 7:00:00 PM)
53.8
-0.1 (-0.19%)
AMUNDI EUR CORPORATE BOND ES / ECRP.MI FAQ
What is the ChartMill technical rating of AMUNDI EUR CORPORATE BOND ES (ECRP.MI) stock?
ChartMill assigns a technical rating of 3 / 10 to ECRP.MI.
What is the current trend direction of AMUNDI EUR CORPORATE BOND ES (ECRP.MI) stock?
The current trend direction for AMUNDI EUR CORPORATE BOND ES (ECRP.MI) is Bullish.
Can you provide the RSI signal for AMUNDI EUR CORPORATE BOND ES?
AMUNDI EUR CORPORATE BOND ES (ECRP.MI) has an RSI value of 38.9202. This indicates that the stock is currently neutral.
What is the short term momentum for ECRP stock?
The short term momentum for AMUNDI EUR CORPORATE BOND ES (ECRP.MI) is negative.
What is the support and resistance level for ECRP stock?
AMUNDI EUR CORPORATE BOND ES (ECRP.MI) has a support level at 53.79 and a resistance level at 53.9. Check the full technical report for our detailed analysis of ECRP.MI support and resistance levels.