
Europe - Euronext Milan - BIT:EM35 - LU1650488494 - ETF
Overall EM35 gets a technical rating of 5 out of 10. Although EM35 is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
EM35 has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
141.62
When analyzing the support we can see 3 important areas.
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 EM35.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EM35.MI is up. |
| ChartMill Relative Strength | 34.25 | 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) | DOWN | MIXED | The current price of EM35.MI is above a declining 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) | 61.53 | 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. |
| Stochastics (14,3) | 40.44 | NEUTRAL | The Stochastics value for EM35.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for EM35.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 28.43 | POSITIVE | The high ADX value value for EM35.MI suggests a strong trend. |
BIT:EM35 (1/7/2026, 7:00:00 PM)
152.56
+0.16 (+0.1%)
ChartMill assigns a technical rating of 5 / 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 61.5331. 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 152.32 and a resistance level at 152.81. Check the full technical report for our detailed analysis of EM35.MI support and resistance levels.