Europe - BIT:EUN - IE0008470928 - ETF
Taking everything into account, EUN scores 2 out of 10 in our technical rating. EUN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EUN has a poor technical rating and the quality of the setup is also not perfect 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.
41.52
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for EUN.MI is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EUN.MI is neutral. |
ChartMill Relative Strength | 35.71 | NEUTRAL | EUN.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EUN.MI is below a declining 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) | 47.57 | NEUTRAL | The RSI value for EUN.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests EUN.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 72.23 | NEUTRAL | The Stochastics value for EUN.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for EUN.MI suggests low volalility. |
Average Directional Index/ADX (14) | 8.9 | NEGATIVE | The low ADX value for EUN.MI suggests a weak or negative trend. |
BIT:EUN (9/2/2025, 7:00:00 PM)
45.925
-0.55 (-1.17%)