We assign a technical rating of 6 out of 10 to EUSM. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, EUSM is a bad performer.
Although the technical rating is only medium, EUSM does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 26.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.61, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
25.68
We found 1 important support area.
- A support zone ranging from 25.94 to 26.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 26.78 to 26.94. 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 EUSM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EUSM is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | EUSM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EUSM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EUSM is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 56.55 | NEUTRAL | The RSI value for EUSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests EUSM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91 | OVERBOUGHT | The high Stochastics value suggests EUSM may be overbought. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for EUSM suggests low volalility. |
| Average Directional Index/ADX (14) | 18.29 | NEGATIVE | The low ADX value for EUSM suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.95 | 26.22 | 0.73 (2.71%) | 25.00% |
| An entry @26.95. This is a Buy Stop order right above the resistance zone. | An exit @26.22. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.73 points, which is 2.71%. | For a 0.68% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:EUSM (8/29/2025, 8:18:58 PM)
26.73
-0.21 (-0.78%)
EVENTIDE US MARKET ETF / EUSM FAQ
What is the ChartMill technical rating of EVENTIDE US MARKET ETF (EUSM) stock?
ChartMill assigns a technical rating of 6 / 10 to EUSM.
What is the current trend direction of EVENTIDE US MARKET ETF (EUSM) stock?
The current trend direction for EVENTIDE US MARKET ETF (EUSM) is Bullish.
What is the RSI signal for EUSM stock?
EVENTIDE US MARKET ETF (EUSM) has an RSI value of 56.5465. This indicates that the stock is currently neutral.
What is the short term momentum for EVENTIDE US MARKET ETF (EUSM) stock?
The short term momentum for EVENTIDE US MARKET ETF (EUSM) is positive.
Can you provide the buy/sell signal for EVENTIDE US MARKET ETF?
The buy/sell signal for EVENTIDE US MARKET ETF (EUSM) is buy as both the short term and long term trends are positive.