AMUN EURO GOV BD - UCITS ETF (EGOV.MI) Stock Technical Analysis
BIT:EGOV - Euronext Milan - LU1437018598 - ETF - Currency: EUR
Overall EGOV gets a technical rating of 3 out of 10. EGOV was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, EGOV is a bad performer in the overall market: 64% of all stocks are doing better.
Warning: EGOV has an average volume of 16045 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
EGOV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EGOV is lagging the market.
In the last month EGOV has a been trading in a tight range between 49.07 and 49.82.
Although the technical rating is bad, EGOV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 49.26, a Stop Loss order could be placed below this zone.
More info and screens
46.76
50.63
2 important support areas can be observed.
- A support zone ranging from 48.08 to 49.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 47.23 to 47.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.30 to 50.13. 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 | UP | POSITIVE | The long term trend for EGOV.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EGOV.MI is down. |
| ChartMill Relative Strength | 36.11 | NEUTRAL | EGOV.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EGOV.MI is below 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) | UP | POSITIVE | The current price of EGOV.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.64 | NEUTRAL | The RSI value for EGOV.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EGOV.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.56 | OVERSOLD | The low Stochastics value suggests EGOV.MI may be oversold. |
| Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for EGOV.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.12 | NEGATIVE | The low ADX value for EGOV.MI suggests a weak or negative 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:EGOV (7/17/2025, 7:00:00 PM)
49.275
+0.06 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.12%
1 Week-0.04%
2 Weeks-0.25%
1 Month-0.5%
3 Month-0.24%
6 Month0.92%
12 Month3.84%
2 Year6.47%
3 Year-11.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.39%
ATR Inc-6.84%
Range Today0.14
ADR(20)0.18
ADR(20)%0.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.11
Mansfield-0.73
10 Day High49.82
10 Day Low49.07
20 Day High49.82
20 Day Low49.07
52 Week High50.18
52 Week Low47.14
CS1 End49.26
CR1 Start49.3
Volume & EV
DER(3)0%
DER(5)0%
Volume29.21K
Volume Incr69.46%
Vol(5)16.74K
Vol(50)16.05K