INVESCO EUR CORP HYBRID DIST (EHBA.MI) Stock Technical Analysis
BIT:EHBA - IE00BKWD3B81 - ETF
We assign a technical rating of 6 out of 10 to EHBA. In the last year, EHBA 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.
EHBA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 44.88. Right above this resistance zone may be a good entry point.
More info and screens
42.56
We found 1 important support area.
- A support zone ranging from 42.99 to 43.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.88 to 44.94. 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 EHBA.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EHBA.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | EHBA.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 EHBA.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EHBA.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 73.27 | OVERBOUGHT | The high RSI value suggests EHBA.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests EHBA.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.03 | NEUTRAL | The Stochastics value for EHBA.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.46 | LOW VOLATILITY | The low ATR as a percentage value for EHBA.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 39.85 | POSITIVE | The high ADX value value for EHBA.MI suggests a strong trend. |
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 |
|---|---|---|---|
| 44.95 | 44.65 | 0.30 (0.68%) | 25.00% |
| An entry @44.95. This is a Buy Stop order right above the resistance zone. | An exit @44.65. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.30 points, which is 0.68%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.17%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:EHBA (9/9/2025, 7:00:00 PM)
44.875
+0.13 (+0.28%)