
Europe - Euronext Milan - BIT:EMH5 - IE00BP46NG52 - ETF
We assign a technical rating of 1 out of 10 to EMH5. EMH5 performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, EMH5 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.89, a Stop Loss order could be placed below this zone.
23.02
We found 1 important support area.
We can see 3 important resistance areas.
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 EMH5.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMH5.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | EMH5.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EMH5.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EMH5.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 49.73 | NEUTRAL | The RSI value for EMH5.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests EMH5.MI has a positive trend. |
| Stochastics (14,3) | 88.82 | OVERBOUGHT | The high Stochastics value suggests EMH5.MI may be overbought. |
| Average True Range in percent/ATR (20) | 0.73 | LOW VOLATILITY | The low ATR as a percentage value for EMH5.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 13.72 | NEGATIVE | The low ADX value for EMH5.MI suggests a weak or negative trend. |
BIT:EMH5 (1/14/2026, 9:25:41 AM)
24.02
+0.07 (+0.31%)
ChartMill assigns a technical rating of 1 / 10 to EMH5.MI.
The current trend direction for SPDR 0-5 EM USD GOVERNMENT (EMH5.MI) is Bullish.
SPDR 0-5 EM USD GOVERNMENT (EMH5.MI) has an RSI value of 49.7326. This indicates that the stock is currently neutral.
The buy/sell signal for SPDR 0-5 EM USD GOVERNMENT (EMH5.MI) is hold as the short term and long term trends are mixed.
SPDR 0-5 EM USD GOVERNMENT (EMH5.MI) has a support level at 23.89 and a resistance level at 24.1. Check the full technical report for our detailed analysis of EMH5.MI support and resistance levels.