BIT:EM57 - LU1287023003 - ETF
Overall EM57 gets a technical rating of 6 out of 10. Although EM57 is only a medium 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, EM57 does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 159.54, a Stop Loss order could be placed below this zone.
142.70
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 EM57.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EM57.MI is neutral. |
ChartMill Relative Strength | 41.33 | NEUTRAL | EM57.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EM57.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EM57.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EM57.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.14 | NEUTRAL | The RSI value for EM57.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EM57.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 36.69 | NEUTRAL | The Stochastics value for EM57.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for EM57.MI suggests low volalility. |
Average Directional Index/ADX (14) | 7.96 | NEGATIVE | The low ADX value for EM57.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 |
---|---|---|---|
160.30 | 158.93 | 1.37 (0.85%) | 25.00% |
An entry @160.30. This is a Buy Stop order right above the resistance zone. | An exit @158.93. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.37 points, which is 0.85%. | For a 0.21% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:EM57 (9/4/2025, 7:00:00 PM)
159.57
+0.25 (+0.16%)