
Europe - Euronext Milan - BIT:EEA - LU0950381748 - ETF
Overall EEA gets a technical rating of 3 out of 10. EEA performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of EEA 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.
8.00
We found 1 important support area.
We found 1 important resistance area.
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 EEA.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EEA.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | EEA.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EEA.MI is above a declining SMA(20). |
| Relative Strength Index/RSI (14) | 50.35 | NEUTRAL | The RSI value for EEA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests EEA.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.19 | NEUTRAL | The Stochastics value for EEA.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.26 | HIGH VOLATILITY | The high ATR as a percentage value for EEA.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 16.19 | NEGATIVE | The low ADX value for EEA.MI suggests a weak or negative trend. |
BIT:EEA (5/2/2025, 4:41:09 PM)
8.748
+0.6 (+7.31%)
ChartMill assigns a technical rating of 3 / 10 to EEA.MI.
The current trend direction for BNP P FTSE EPRA/NAREIT EURO (EEA.MI) is Bullish.
BNP P FTSE EPRA/NAREIT EURO (EEA.MI) has an RSI value of 50.3463. This indicates that the stock is currently neutral.
The buy/sell signal for BNP P FTSE EPRA/NAREIT EURO (EEA.MI) is buy as both the short term and long term trends are positive.
BNP P FTSE EPRA/NAREIT EURO (EEA.MI) has a support level at 8.11 and a resistance level at 8.82. Check the full technical report for our detailed analysis of EEA.MI support and resistance levels.