SPDR MSCI EUROPE (EROX.MI) Stock Technical Analysis
BIT:EROX - IE00BKWQ0Q14 - ETF
338.95 EUR
-5.45 (-1.58%)
We assign a technical rating of 7 out of 10 to EROX. Although EROX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than EROX.
Warning: EROX has an average volume of 701 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
EROX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month EROX has a been trading in the 283.70 - 344.40 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although EROX has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
286.15
347.85
When analyzing the support we can see 5 important areas.
- A support zone ranging from 336.31 to 338.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 320.88 to 329.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @314.94 from a trend line in the weekly time frame.
- A support zone ranging from 293.85 to 300.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @289.04 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 344.41 to 344.41. 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 EROX.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EROX.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | EROX.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EROX.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EROX.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 55.84 | NEUTRAL | The RSI value for EROX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests EROX.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.24 | NEUTRAL | The Stochastics value for EROX.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for EROX.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.54 | NEGATIVE | The low ADX value for EROX.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:EROX (9/3/2025, 7:00:00 PM)
338.95
-5.45 (-1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.58%
1 Week-0.47%
2 Weeks-0.69%
1 Month10.53%
3 Month7.53%
6 Month15.64%
12 MonthN/A
2 Year27.64%
3 Year128.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.27
ATR(20)%2.36%
ATR Inc48.03%
Range Today1.5
ADR(20)2.81
ADR(20)%0.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High344.4
10 Day Low328.4
20 Day High344.4
20 Day Low283.7
52 Week High344.4
52 Week Low147.72
CS1 End338.89
CR1 Start344.41
Volume & EV
DER(3)0%
DER(5)0%
Volume65
Volume Incr-26.2%
Vol(5)385.8
Vol(50)701