BIT:EGOV - Euronext Milan - LU1437018598 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to EGOV. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EGOV is only an average performer.
Besides having an excellent technical rating, EGOV also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 49.52, a Stop Loss order could be placed below this zone.
46.81
We found 1 important support area.
When analyzing the resistance we notice one important area.
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.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
50.14 | 48.60 | 1.54 (3.07%) | 25.00% |
An entry @50.14. This is a Buy Stop order right above the resistance zone. | An exit @48.60. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.54 points, which is 3.07%. | For a 0.77% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:EGOV (4/30/2025, 7:00:00 PM)
49.605
+0.19 (+0.38%)