INVESCO EUR GOV BOND 1-3 (EIB3.MI) Stock Technical Analysis
BIT:EIB3 - Euronext Milan - IE00BGJWWY63 - ETF - Currency: EUR
Taking everything into account, EIB3 scores 4 out of 10 in our technical rating. In the last year, EIB3 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.
EIB3 has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 38.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.08, a Stop Loss order could be placed below this zone.
More info and screens
36.86
We found 1 important support area.
- A support zone ranging from 37.23 to 38.08. 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 38.18 to 38.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
BIT:EIB3 (5/2/2025, 7:00:00 PM)
38.16
-0.02 (-0.04%)