WT INDUS METALS-EUR DLY HDG (EIMT.MI) Stock Technical Analysis
BIT:EIMT - Euronext Milan - JE00B78NPW60 - ETF - Currency: EUR
We assign a technical rating of 2 out of 10 to EIMT. EIMT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
EIMT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EIMT is lagging the market.
Warning: EIMT has an average volume of 4486 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month EIMT has a been trading in the 7.16 - 8.41 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, EIMT outperforms 42% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
The technical rating of EIMT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.00
9.51
We found 1 important support area.
- A support zone ranging from 7.07 to 7.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.34 to 8.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.87 to 9.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.42 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for EIMT.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EIMT.MI is down. |
| ChartMill Relative Strength | 42.96 | NEUTRAL | EIMT.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EIMT.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EIMT.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EIMT.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.2 | NEUTRAL | The RSI value for EIMT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EIMT.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.18 | NEUTRAL | The Stochastics value for EIMT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for EIMT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.49 | NEGATIVE | The low ADX value for EIMT.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:EIMT (5/29/2025, 7:00:00 PM)
7.738
0 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.03%
1 Week5.85%
2 Weeks-4.8%
1 Month-1.3%
3 Month-1.49%
6 Month1.62%
12 Month0.73%
2 Year2.86%
3 Year-22.68%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%2.12%
ATR Inc-59.92%
Range Today0.01
ADR(20)0.03
ADR(20)%0.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.96
Mansfield-2.15
10 Day High8.41
10 Day Low7.16
20 Day High8.41
20 Day Low7.16
52 Week High9.54
52 Week Low7.07
CS1 End7.08
CR1 Start8.34
Volume & EV
DER(3)0%
DER(5)0%
Volume2.44K
Volume Incr-60.67%
Vol(5)2.16K
Vol(50)4.49K