SPDR BBG EURO CORPORATE (EUCO.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:EUCO - IE00B3T9LM79 - ETF
Taking everything into account, EUCO scores 4 out of 10 in our technical rating. EUCO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than EUCO.
- Warning: EUCO has an average volume of 5566 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- In the last month EUCO has a been trading in a tight range between 53.51 and 56.67.
- Volume is considerably higher in the last couple of days.
EUCO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 53.77, a Stop Loss order could be placed below this zone.
More info and screens
49.67
2 important support areas can be observed.
- A support zone ranging from 52.37 to 53.77. 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 50.17 to 50.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 53.97 to 54.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 56.39 to 56.68. 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 EUCO.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EUCO.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | EUCO.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EUCO.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EUCO.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.34 | NEUTRAL | The RSI value for EUCO.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests EUCO.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.69 | OVERSOLD | The low Stochastics value suggests EUCO.MI may be oversold. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for EUCO.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.37 | NEGATIVE | The low ADX value for EUCO.MI suggests a weak or negative trend. |
BIT:EUCO (1/5/2026, 7:00:00 PM)
53.85
-0.01 (-0.02%)
SPDR BBG EURO CORPORATE / EUCO.MI FAQ
What is the ChartMill technical rating of SPDR BBG EURO CORPORATE (EUCO.MI) stock?
ChartMill assigns a technical rating of 4 / 10 to EUCO.MI.
Can you provide the trend direction for SPDR BBG EURO CORPORATE?
The current trend direction for SPDR BBG EURO CORPORATE (EUCO.MI) is Bullish.
What is the RSI signal for SPDR BBG EURO CORPORATE (EUCO.MI) stock?
SPDR BBG EURO CORPORATE (EUCO.MI) has an RSI value of 49.3408. This indicates that the stock is currently neutral.
What is the short term momentum for EUCO stock?
The short term momentum for SPDR BBG EURO CORPORATE (EUCO.MI) is neutral.