
Europe - Euronext Milan - BIT:EM13 - LU1650487413 - ETF
Taking everything into account, EM13 scores 5 out of 10 in our technical rating. Although EM13 is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, EM13 does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 127.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 127.58, a Stop Loss order could be placed below this zone.
119.42
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 EM13.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EM13.MI is neutral. |
| ChartMill Relative Strength | 36.08 | NEUTRAL | EM13.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EM13.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EM13.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EM13.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.91 | NEUTRAL | The RSI value for EM13.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EM13.MI has a positive trend. |
| Stochastics (14,3) | 84.34 | OVERBOUGHT | The high Stochastics value suggests EM13.MI may be overbought. |
| Average True Range in percent/ATR (20) | 0.11 | LOW VOLATILITY | The low ATR as a percentage value for EM13.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 24.43 | NEUTRAL | The ADX value for EM13.MI suggests a possible start of a new trend. |
BIT:EM13 (12/30/2025, 7:00:00 PM)
127.61
-0.12 (-0.09%)
ChartMill assigns a technical rating of 5 / 10 to EM13.MI.
The current trend direction for AM EURO GOV BOND 1-3Y-ETF A (EM13.MI) is Bullish.
AM EURO GOV BOND 1-3Y-ETF A (EM13.MI) has an RSI value of 55.9092. This indicates that the stock is currently neutral.
AM EURO GOV BOND 1-3Y-ETF A (EM13.MI) has a support level at 127.58 and a resistance level at 127.63. Check the full technical report for our detailed analysis of EM13.MI support and resistance levels.