Europe - AMS:ERNE - IE00BCRY6557 - ETF
Taking everything into account, ERNE scores 5 out of 10 in our technical rating. In the last year, ERNE was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, ERNE does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 101.45, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
99.57
When analyzing the support we notice one important area.
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 ERNE.AS is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ERNE.AS is up. |
ChartMill Relative Strength | 30.86 | NEUTRAL | ERNE.AS is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ERNE.AS is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ERNE.AS is above the rising 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) | 70.48 | OVERBOUGHT | The high RSI value suggests ERNE.AS may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ERNE.AS has a positive trend. |
Stochastics (14,3) | 80.77 | OVERBOUGHT | The high Stochastics value suggests ERNE.AS may be overbought. |
Average True Range in percent/ATR (20) | 0.08 | LOW VOLATILITY | The low ATR as a percentage value for ERNE.AS suggests low volalility. |
Average Directional Index/ADX (14) | 17.09 | NEGATIVE | The low ADX value for ERNE.AS suggests a weak or negative trend. |
AMS:ERNE (9/12/2025, 7:00:00 PM)
101.52
+0.04 (+0.04%)