FIRST TRUST IPOX EUROPE EQY (EFPX.MI) Stock Technical Analysis
BIT:EFPX - Euronext Milan - IE00BFD26097 - ETF - Currency: EUR
Taking everything into account, EFPX scores 4 out of 10 in our technical rating. In the last year, EFPX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
EFPX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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19.81
When analyzing the support we notice one important area.
- Support @20.01 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.58 to 22.58. 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 | UP | POSITIVE | The long term trend for EFPX.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EFPX.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | EFPX.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EFPX.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 59.3 | NEUTRAL | The RSI value for EFPX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests EFPX.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.98 | NEUTRAL | The Stochastics value for EFPX.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for EFPX.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.67 | NEGATIVE | The low ADX value for EFPX.MI suggests a weak or negative trend. |
BIT:EFPX (5/20/2025, 7:00:00 PM)
22.14
+2.13 (+10.62%)