AMUNDI EUR CORPORATE BOND DI (ETFCOR.MI) Stock Technical Analysis
BIT:ETFCOR - Euronext Milan - LU1931975079 - ETF - Currency: EUR
Taking everything into account, ETFCOR scores 4 out of 10 in our technical rating. In the last year, ETFCOR 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, ETFCOR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.86, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
17.19
3 important support areas can be observed.
- A support zone ranging from 18.68 to 18.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.24 from a horizontal line in the daily time frame.
- A support zone ranging from 17.36 to 17.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.98 to 19.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
BIT:ETFCOR (5/8/2025, 7:00:00 PM)
18.916
+0.05 (+0.29%)