
Europe - Euronext Amsterdam - AMS:ERNE - IE00BCRY6557 - ETF
We assign a technical rating of 0 out of 10 to ERNE. ERNE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, ERNE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 100.92, a Stop Loss order could be placed below this zone.
99.73
We found 1 important support area.
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 | DOWN | NEGATIVE | The long term trend for ERNE.AS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ERNE.AS is down. |
| ChartMill Relative Strength | 28.21 | NEGATIVE | ERNE.AS has a low relative strength, it was outperformed by 71.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERNE.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ERNE.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ERNE.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.66 | NEUTRAL | The RSI value for ERNE.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ERNE.AS has a positive trend. |
| Stochastics (14,3) | 87.5 | OVERBOUGHT | The high Stochastics value suggests ERNE.AS may be overbought. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for ERNE.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 55.88 | POSITIVE | The high ADX value value for ERNE.AS suggests a strong trend. |
AMS:ERNE (1/6/2026, 7:00:00 PM)
100.98
+0.02 (+0.02%)
ChartMill assigns a technical rating of 0 / 10 to ERNE.AS.
The current trend direction for ISHARES EURO ULTRASHORT BOND (ERNE.AS) is Bearish.
ISHARES EURO ULTRASHORT BOND (ERNE.AS) has an RSI value of 32.6565. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES EURO ULTRASHORT BOND (ERNE.AS) has a value of 0.0218494, indicating a bearish trend.
The buy/sell signal for ISHARES EURO ULTRASHORT BOND (ERNE.AS) is sell as both the short term and long term trends are negative.