ISHARES EURO ULTRASHORT BOND (ERNE.AS) Stock Technical Analysis
Europe - AMS:ERNE - IE00BCRY6557 - ETF
We assign a technical rating of 6 out of 10 to ERNE. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ERNE is a bad performer.
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 101.79, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
99.73
We found 1 important support area.
- A support zone ranging from 100.74 to 101.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 102.63 to 102.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 29.63 | NEGATIVE | ERNE.AS has a low relative strength, it was outperformed by 70.37% off all stocks 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) | UP | POSITIVE | The current price of ERNE.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.97 | OVERBOUGHT | The high RSI value suggests ERNE.AS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ERNE.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.78 | NEUTRAL | The Stochastics value for ERNE.AS is a neutral value. |
| 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) | 56.98 | POSITIVE | The high ADX value value for ERNE.AS suggests a strong 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 |
|---|---|---|---|
| 102.01 | 101.70 | 0.31 (0.30%) | 25.00% |
| An entry @102.01. This is a Buy Stop order right above the 10 day high. | An exit @101.70. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.31 points, which is 0.30%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.08%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMS:ERNE (11/6/2025, 7:00:00 PM)
101.83
+0.02 (+0.02%)
ISHARES EURO ULTRASHORT BOND / ERNE.AS FAQ
Can you provide the ChartMill technical rating for ISHARES EURO ULTRASHORT BOND?
ChartMill assigns a technical rating of 6 / 10 to ERNE.AS.
What is the trend direction for ERNE stock?
The current trend direction for ISHARES EURO ULTRASHORT BOND (ERNE.AS) is Bullish.
What is the RSI signal for ERNE stock?
ISHARES EURO ULTRASHORT BOND (ERNE.AS) has an RSI value of 73.9701. This indicates that the stock is currently overbought.
What is the short term momentum for ERNE stock?
The short term momentum for ISHARES EURO ULTRASHORT BOND (ERNE.AS) is positive.
Can you provide the support and resistance levels for ISHARES EURO ULTRASHORT BOND?
ISHARES EURO ULTRASHORT BOND (ERNE.AS) has a support level at 101.79 and a resistance level at 102.63. Check the full technical report for our detailed analysis of ERNE.AS support and resistance levels.