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AM EUR CORP BOND 0-3 C (ECRP3.MI) Stock Technical Analysis

BIT:ECRP3 - Euronext Milan - LU2037748774 - ETF - Currency: EUR

53.22  +0.03 (+0.06%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to ECRP3. Although ECRP3 is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: ECRP3 has an average volume of 8226 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.
ECRP3 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 ECRP3 is leading the market.
When comparing the performance of all stocks over the past year, ECRP3 turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
In the last month ECRP3 has a been trading in a tight range between 52.98 and 53.29.
Weekly and Daily overview Charts
AM EUR CORP BOND 0-3 C / ECRP3 Weekly stock chart
AM EUR CORP BOND 0-3 C / ECRP3 Daily stock chart
Setup Rating and Analysis

8

ECRP3 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 53.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.15, a Stop Loss order could be placed below this zone. 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.
Support and Resistance Analysis

47.75

54.01

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 52.00 to 53.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @48.23 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 53.23 to 53.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ECRP3.MI is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ECRP3.MI is up.
ChartMill Relative Strength56NEUTRALECRP3.MI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ECRP3.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ECRP3.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ECRP3.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)71.41OVERBOUGHTThe high RSI value suggests ECRP3.MI may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests ECRP3.MI has a negative trend, although the MACD value is rising.
Stochastics (14,3)60.15NEUTRALThe Stochastics value for ECRP3.MI is a neutral value.
Average True Range in percent/ATR (20)0.18LOW VOLATILITYThe low ATR as a percentage value for ECRP3.MI suggests low volalility.
Average Directional Index/ADX (14)17.68NEGATIVEThe low ADX value for ECRP3.MI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
53.3053.020.28 (0.53%)25.00%
An entry @53.30. This is a Buy Stop order right above the 10 day high.An exit @53.02. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.28 points, which is 0.53%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.13%.

  • 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.
AM EUR CORP BOND 0-3 C / ECRP3 Daily stock chart

AM EUR CORP BOND 0-3 C

BIT:ECRP3 (5/28/2025, 7:00:00 PM)

53.22

+0.03 (+0.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.06%
1 Week0.17%
2 Weeks0.19%
1 Month0.49%
3 Month0.95%
6 Month1.82%
12 Month5.3%
2 Year9.54%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.18%
ATR Inc42.19%
Range Today0.11
ADR(20)0.09
ADR(20)%0.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56
Mansfield0
10 Day High53.29
10 Day Low53.03
20 Day High53.29
20 Day Low52.98
52 Week High53.29
52 Week Low50.51
CS1 End53.15
CR1 Start53.23
Volume & EV
DER(3)0%
DER(5)0%
Volume9.27K
Volume Incr14.15%
Vol(5)8.71K
Vol(50)8.23K