BIT:EGRI - Euronext Milan - LU2182388236 - ETF - Currency: EUR
Taking everything into account, EGRI scores 7 out of 10 in our technical rating. Although EGRI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, EGRI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 45.16, a Stop Loss order could be placed below this zone.
40.56
When analyzing the support we can see 3 important areas.
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 |
---|---|---|---|
45.50 | 45.01 | 0.49 (1.08%) | 25.00% |
An entry @45.50. This is a Buy Stop order right above the 10 day high. | An exit @45.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.49 points, which is 1.08%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.27%. |
BIT:EGRI (5/5/2025, 7:00:00 PM)
45.275
+0.03 (+0.07%)