Europe - EPA:GGOV - LU1437016204 - ETF
Taking everything into account, GGOV scores 1 out of 10 in our technical rating. GGOV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, GGOV does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 45.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.17, a Stop Loss order could be placed below this zone.
44.06
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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 | DOWN | NEGATIVE | The long term trend for GGOV.PA is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GGOV.PA is up. |
ChartMill Relative Strength | 21.89 | NEGATIVE | GGOV.PA has a low relative strength, it was outperformed by 78.11% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GGOV.PA is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GGOV.PA is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GGOV.PA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 54.09 | NEUTRAL | The RSI value for GGOV.PA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GGOV.PA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 84.99 | OVERBOUGHT | The high Stochastics value suggests GGOV.PA may be overbought. |
Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for GGOV.PA suggests low volalility. |
Average Directional Index/ADX (14) | 13.75 | NEGATIVE | The low ADX value for GGOV.PA suggests a weak or negative trend. |
EPA:GGOV (9/12/2025, 7:00:00 PM)
45.191
-0.1 (-0.21%)