AM CORE EURO GOV BND ETF ACC (EGOV.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:EGOV - LU1437018598 - ETF
Overall EGOV gets a technical rating of 2 out of 10. EGOV'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.
Although the technical rating is bad, EGOV does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 49.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.50, a Stop Loss order could be placed below this zone.
More info and screens
46.81
We found 2 important support areas.
- A support zone ranging from 48.08 to 49.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.28 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 49.55 to 50.12. 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 | NEUTRAL | NEUTRAL | The long term trend for EGOV.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EGOV.MI is neutral. |
| ChartMill Relative Strength | 34.07 | NEUTRAL | EGOV.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EGOV.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EGOV.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EGOV.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.63 | NEUTRAL | The RSI value for EGOV.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EGOV.MI has a positive trend. |
| Stochastics (14,3) | 55.95 | NEUTRAL | The Stochastics value for EGOV.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.28 | LOW VOLATILITY | The low ATR as a percentage value for EGOV.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.51 | NEGATIVE | The low ADX value for EGOV.MI suggests a weak or negative trend. |
BIT:EGOV (12/30/2025, 7:00:00 PM)
49.505
-0.09 (-0.19%)
AM CORE EURO GOV BND ETF ACC / EGOV.MI FAQ
What is the technical rating for EGOV stock?
ChartMill assigns a technical rating of 2 / 10 to EGOV.MI.
Can you provide the trend direction for AM CORE EURO GOV BND ETF ACC?
The current trend direction for AM CORE EURO GOV BND ETF ACC (EGOV.MI) is Bearish.
What is the RSI signal for EGOV stock?
AM CORE EURO GOV BND ETF ACC (EGOV.MI) has an RSI value of 49.6271. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AM CORE EURO GOV BND ETF ACC?
The MACD indicator for AM CORE EURO GOV BND ETF ACC (EGOV.MI) has a value of 0.00897375, indicating a bearish trend.
What are the support and resistance levels for AM CORE EURO GOV BND ETF ACC (EGOV.MI) stock?
AM CORE EURO GOV BND ETF ACC (EGOV.MI) has a support level at 49.5 and a resistance level at 49.55. Check the full technical report for our detailed analysis of EGOV.MI support and resistance levels.