
Europe - Euronext Milan - BIT:EUN - IE0008470928 - ETF
We assign a technical rating of 8 out of 10 to EUN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EUN is only an average performer.
Although EUN has an excellent technical rating, it does not present a decent entry opportunity 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.
44.15
5 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 EUN.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EUN.MI is up. |
| ChartMill Relative Strength | 63.71 | NEUTRAL | EUN.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EUN.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EUN.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EUN.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.14 | NEUTRAL | The RSI value for EUN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests EUN.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.39 | OVERBOUGHT | The high Stochastics value suggests EUN.MI may be overbought. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for EUN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 33.37 | POSITIVE | The high ADX value value for EUN.MI suggests a strong trend. |
BIT:EUN (1/22/2026, 7:00:00 PM)
51.55
+0.33 (+0.64%)
ChartMill assigns a technical rating of 8 / 10 to EUN.MI.
The current trend direction for ISHARES STOXX EUROPE 50 (EUN.MI) is Bullish.
ISHARES STOXX EUROPE 50 (EUN.MI) has an RSI value of 67.1359. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES STOXX EUROPE 50 (EUN.MI) has a value of 0.116336, indicating a bearish trend.
The short term momentum for ISHARES STOXX EUROPE 50 (EUN.MI) is positive.