BIT:ETFUSC - LU2037749152 - ETF
We assign a technical rating of 2 out of 10 to ETFUSC. ETFUSC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of ETFUSC is bad and it also does not present a 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.
15.46
When analyzing the resistance we notice 2 important areas.
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 ETFUSC.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETFUSC.MI is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | ETFUSC.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETFUSC.MI is below a declining SMA(20). |
Relative Strength Index/RSI (14) | 40.17 | NEUTRAL | The RSI value for ETFUSC.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests ETFUSC.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 17.05 | OVERSOLD | The low Stochastics value suggests ETFUSC.MI may be oversold. |
Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for ETFUSC.MI suggests low volalility. |
Average Directional Index/ADX (14) | 17.4 | NEGATIVE | The low ADX value for ETFUSC.MI suggests a weak or negative trend. |
BIT:ETFUSC (9/4/2025, 7:00:00 PM)
15.618
+0.29 (+1.88%)