AM EUR CORP BOND 0-3 C (ECRP3.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ECRP3 - LU2037748774 - ETF
We assign a technical rating of 6 out of 10 to ECRP3. Although ECRP3 is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, ECRP3 does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 53.87, a Stop Loss order could be placed below this zone.
More info and screens
51.48
When analyzing the support we can see 2 important areas.
- A support zone ranging from 53.49 to 53.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @52.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 53.88 to 53.92. 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 ECRP3.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECRP3.MI is up. |
| ChartMill Relative Strength | 37.34 | NEUTRAL | ECRP3.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECRP3.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECRP3.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECRP3.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.15 | NEUTRAL | The RSI value for ECRP3.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ECRP3.MI has a negative trend. |
| Stochastics (14,3) | 32.79 | NEUTRAL | The Stochastics value for ECRP3.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for ECRP3.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 51.25 | POSITIVE | The high ADX value value for ECRP3.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 |
|---|---|---|---|
| 53.93 | 53.82 | 0.11 (0.20%) | 25.00% |
| An entry @53.93. This is a Buy Stop order right above the resistance zone. | An exit @53.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.11 points, which is 0.20%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.05%. |
- The distance between exit and entry is rather small compared to the average daily movement of ECRP3. Please evaluate whether better entry and exit points can be found.
- 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:ECRP3 (12/22/2025, 7:00:00 PM)
53.87
-0.01 (-0.02%)
AM EUR CORP BOND 0-3 C / ECRP3.MI FAQ
What is the ChartMill technical rating of AM EUR CORP BOND 0-3 C (ECRP3.MI) stock?
ChartMill assigns a technical rating of 6 / 10 to ECRP3.MI.
What is the current trend direction of AM EUR CORP BOND 0-3 C (ECRP3.MI) stock?
The current trend direction for AM EUR CORP BOND 0-3 C (ECRP3.MI) is Bullish.
What is the RSI signal for AM EUR CORP BOND 0-3 C (ECRP3.MI) stock?
AM EUR CORP BOND 0-3 C (ECRP3.MI) has an RSI value of 53.1537. This indicates that the stock is currently neutral.
What is the MACD signal for ECRP3 stock?
The MACD indicator for AM EUR CORP BOND 0-3 C (ECRP3.MI) has a value of -0.0057537, indicating a bearish trend.
What is the support and resistance level for ECRP3 stock?
AM EUR CORP BOND 0-3 C (ECRP3.MI) has a support level at 53.87 and a resistance level at 53.88. Check the full technical report for our detailed analysis of ECRP3.MI support and resistance levels.