
Europe - Euronext Milan - BIT:EM35 - LU1650488494 - ETF
Taking everything into account, EM35 scores 6 out of 10 in our technical rating. 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.
Although the technical rating is only medium, EM35 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 152.39, a Stop Loss order could be placed below this zone.
141.62
3 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 EM35.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EM35.MI is up. |
| ChartMill Relative Strength | 33.48 | 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) | 62.07 | NEUTRAL | The RSI value for EM35.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests EM35.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.98 | NEUTRAL | The Stochastics value for EM35.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for EM35.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 33.58 | POSITIVE | The high ADX value value for EM35.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 |
|---|---|---|---|
| 152.83 | 151.91 | 0.92 (0.60%) | 25.00% |
| An entry @152.83. This is a Buy Stop order right above the resistance zone. | An exit @151.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.92 points, which is 0.60%. | For a 0.15% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:EM35 (1/12/2026, 7:00:00 PM)
152.6
+0.01 (+0.01%)
ChartMill assigns a technical rating of 6 / 10 to EM35.MI.
The current trend direction for AM EURO GOV BOND 3-5Y-ETF A (EM35.MI) is Bullish.
AM EURO GOV BOND 3-5Y-ETF A (EM35.MI) has an RSI value of 62.0698. This indicates that the stock is currently neutral.
The short term momentum for AM EURO GOV BOND 3-5Y-ETF A (EM35.MI) is positive.
AM EURO GOV BOND 3-5Y-ETF A (EM35.MI) has a support level at 152.39 and a resistance level at 152.81. Check the full technical report for our detailed analysis of EM35.MI support and resistance levels.