Europe - BIT:EM35 - LU1650488494 - ETF
Overall EM35 gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, EM35 is a bad performer.
EM35 has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 151.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 151.75, a Stop Loss order could be placed below this zone.
137.76
We found 3 important support areas.
When analyzing the resistance we notice 2 important areas.
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 EM35.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EM35.MI is up. |
ChartMill Relative Strength | 37.96 | NEUTRAL | EM35.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EM35.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EM35.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EM35.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.86 | NEUTRAL | The RSI value for EM35.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests EM35.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 78.39 | NEUTRAL | The Stochastics value for EM35.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for EM35.MI suggests low volalility. |
Average Directional Index/ADX (14) | 11.89 | NEGATIVE | The low ADX value for EM35.MI suggests a weak or negative 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 |
---|---|---|---|
152.06 | 151.19 | 0.87 (0.57%) | 25.00% |
An entry @152.06. This is a Buy Stop order right above the resistance zone. | An exit @151.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.87 points, which is 0.57%. | For a 0.14% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:EM35 (9/11/2025, 7:00:00 PM)
151.92
-0.05 (-0.03%)