
Europe - Euronext Milan - BIT:EMAE - IE00B466KX20 - ETF
We assign a technical rating of 6 out of 10 to EMAE. In the last year, EMAE was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
EMAE has an average technical rating and also the quality of the setup is only medium 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.
64.18
When analyzing the support we can see 3 important areas.
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 EMAE.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EMAE.MI is neutral. |
| ChartMill Relative Strength | 57.05 | NEUTRAL | EMAE.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMAE.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EMAE.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMAE.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.39 | NEUTRAL | The RSI value for EMAE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests EMAE.MI has a negative trend. |
| Stochastics (14,3) | 30.43 | NEUTRAL | The Stochastics value for EMAE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.37 | LOW VOLATILITY | The low ATR as a percentage value for EMAE.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.05 | NEGATIVE | The low ADX value for EMAE.MI suggests a weak or negative trend. |
BIT:EMAE (12/15/2025, 7:00:00 PM)
84.57
-1.02 (-1.19%)
ChartMill assigns a technical rating of 6 / 10 to EMAE.MI.
The current trend direction for SPDR EM ASIA (EMAE.MI) is Bullish.
SPDR EM ASIA (EMAE.MI) has an RSI value of 45.3933. This indicates that the stock is currently neutral.
The short term momentum for SPDR EM ASIA (EMAE.MI) is neutral.