AM EURO GOV BOND 7-10Y-ETF A (EM710.MI) Stock Technical Analysis
BIT:EM710 - Euronext Milan - LU1287023185 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to EM710. In the last year, EM710 was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
EM710 has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 168.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 168.06, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
159.22
When analyzing the support we notice one important area.
- A support zone ranging from 160.83 to 168.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 168.44 to 170.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 |
|---|---|---|---|
| 169.12 | 167.18 | 1.94 (1.15%) | 25.00% |
| An entry @169.12. This is a Buy Stop order right above the 10 day high. | An exit @167.18. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.94 points, which is 1.15%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.29%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:EM710 (5/2/2025, 7:00:00 PM)
168.24
-0.79 (-0.47%)