BIT:EUEUA - LU1600334798 - ETF
We assign a technical rating of 3 out of 10 to EUEUA. EUEUA performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
EUEUA has a poor technical rating and the quality of the setup is also only medium 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.
17.12
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 EUEUA.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EUEUA.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | EUEUA.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Relative Strength Index/RSI (14) | 71.25 | OVERBOUGHT | The high RSI value suggests EUEUA.MI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EUEUA.MI has a negative trend. |
Stochastics (14,3) | 96.37 | OVERBOUGHT | The high Stochastics value suggests EUEUA.MI may be overbought. |
Average Directional Index/ADX (14) | 36.99 | POSITIVE | The high ADX value value for EUEUA.MI suggests a strong trend. |
BIT:EUEUA (9/3/2025, 7:00:00 PM)
17.29
-0.35 (-1.97%)