ISHARE MSCI ENH CTB UCITS-UA (EDME.MI) Stock Technical Analysis
BIT:EDME - Euronext Milan - IE00BHZPJ908 - ETF - Currency: EUR
We assign a technical rating of 2 out of 10 to EDME. EDME's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
100% of all other stocks performed better in the past year than EDME.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month EDME has a been trading in the 7.97 - 10.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of EDME is bad and it also does not present a quality setup 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
8.05
10.74
We found 1 important support area.
- A support zone ranging from 8.13 to 8.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.46 to 9.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.63 to 10.63. 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 | NEUTRAL | NEUTRAL | The long term trend for EDME.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDME.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | EDME.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDME.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EDME.MI is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 51.11 | NEUTRAL | The RSI value for EDME.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EDME.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.44 | NEUTRAL | The Stochastics value for EDME.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for EDME.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.1 | POSITIVE | The high ADX value value for EDME.MI suggests a strong 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:EDME (5/30/2025, 1:30:08 PM)
9.43
+0.07 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.8%
1 Week15.38%
2 Weeks-1.6%
1 Month-9.55%
3 Month-3.18%
6 Month10.82%
12 MonthN/A
2 Year36.88%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%3.51%
ATR Inc-36.58%
Range Today0
ADR(20)0.05
ADR(20)%0.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High9.51
10 Day Low7.97
20 Day High10.62
20 Day Low7.97
52 Week HighN/A
52 Week LowN/A
CS1 End8.17
CR1 Start9.46
Volume & EV
DER(3)0%
DER(5)0%
Volume9
Volume Incr-7.11%
Vol(5)76.15K
Vol(50)56.86K