BIT:EQEU - IE00BYVTMS52 - ETF
Overall EQEU gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EQEU is showing a nice and steady performance.
Besides having an excellent technical rating, EQEU also presents a decent setup pattern. 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 417.33. Right above this resistance zone may be a good entry point.
308.39
We found 5 important support 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 EQEU.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQEU.MI is up. |
ChartMill Relative Strength | 77.91 | POSITIVE | EQEU.MI has a high relative strength, it outperformed 77.91% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQEU.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQEU.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EQEU.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 63.9 | NEUTRAL | The RSI value for EQEU.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.12 | NEGATIVE | The MACD value suggests EQEU.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 88.16 | OVERBOUGHT | The high Stochastics value suggests EQEU.MI may be overbought. |
Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for EQEU.MI suggests low volalility. |
Average Directional Index/ADX (14) | 23.85 | NEUTRAL | The ADX value for EQEU.MI suggests a possible start of a new 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 |
---|---|---|---|
418.26 | 406.77 | 11.49 (2.75%) | 25.00% |
An entry @418.26. This is a Buy Stop order right above the resistance zone. | An exit @406.77. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 11.49 points, which is 2.75%. | For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:EQEU (9/9/2025, 7:00:00 PM)
416.72
-1.52 (-0.36%)