SPDR EURO STOXX LOW VOL ETF (ELOW.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ELOW - IE00BFTWP510 - ETF
Taking everything into account, ELOW scores 6 out of 10 in our technical rating. In the last year, ELOW 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.
- 100% of all other stocks performed better in the past year than ELOW.
- Warning: ELOW has an average volume of 852 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- ELOW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Although the technical rating is only medium, ELOW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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 57.29. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
36.14
4 important support areas can be observed.
- A support zone ranging from 55.07 to 55.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.38 from a trend line in the weekly time frame.
- Support @44.77 from a trend line in the daily time frame.
- Support @36.50 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 57.29 to 57.57. 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 ELOW.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELOW.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ELOW.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 ELOW.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELOW.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 65.48 | NEUTRAL | The RSI value for ELOW.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests ELOW.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.52 | NEUTRAL | The Stochastics value for ELOW.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for ELOW.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 34.47 | POSITIVE | The high ADX value value for ELOW.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 |
|---|---|---|---|
| 57.58 | 54.95 | 2.63 (4.57%) | 21.89% |
| An entry @57.58. This is a Buy Stop order right above the resistance zone. | An exit @54.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.63 points, which is 4.57%. | For a 1.00% total portfolio risk, you can invest 21.89% of your capital in this trade. |
- 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:ELOW (12/16/2025, 7:00:00 PM)
56.64
+0.06 (+0.11%)
SPDR EURO STOXX LOW VOL ETF / ELOW.MI FAQ
What is the ChartMill technical rating of SPDR EURO STOXX LOW VOL ETF (ELOW.MI) stock?
ChartMill assigns a technical rating of 6 / 10 to ELOW.MI.
What is the trend direction for ELOW stock?
The current trend direction for SPDR EURO STOXX LOW VOL ETF (ELOW.MI) is Bullish.
What is the RSI signal for SPDR EURO STOXX LOW VOL ETF (ELOW.MI) stock?
SPDR EURO STOXX LOW VOL ETF (ELOW.MI) has an RSI value of 65.476. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SPDR EURO STOXX LOW VOL ETF?
The MACD indicator for SPDR EURO STOXX LOW VOL ETF (ELOW.MI) has a value of -0.520382, indicating a bearish trend.
Can you provide the buy/sell signal for SPDR EURO STOXX LOW VOL ETF?
The buy/sell signal for SPDR EURO STOXX LOW VOL ETF (ELOW.MI) is buy as both the short term and long term trends are positive.