
Europe - Euronext Milan - BIT:EM13 - LU1650487413 - ETF
We assign a technical rating of 3 out of 10 to EM13. EM13 was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is bad, EM13 does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 127.40, a Stop Loss order could be placed below this zone.
119.42
2 important support areas can be observed.
We found 1 important resistance 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 | DOWN | NEGATIVE | The short term trend for EM13.MI is down. |
| ChartMill Relative Strength | 36.99 | NEUTRAL | EM13.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EM13.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EM13.MI is below 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) | 46.02 | NEUTRAL | The RSI value for EM13.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EM13.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for EM13.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.09 | LOW VOLATILITY | The low ATR as a percentage value for EM13.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 30.6 | POSITIVE | The high ADX value value for EM13.MI suggests a strong trend. |
BIT:EM13 (12/12/2025, 7:00:00 PM)
127.42
0 (0%)
ChartMill assigns a technical rating of 3 / 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 46.0211. This indicates that the stock is currently neutral.
The buy/sell signal for AM EURO GOV BOND 1-3Y-ETF A (EM13.MI) is hold as the short term and long term trends are mixed.
AM EURO GOV BOND 1-3Y-ETF A (EM13.MI) has a support level at 127.4 and a resistance level at 127.46. Check the full technical report for our detailed analysis of EM13.MI support and resistance levels.