SPDR BLOOMBERG BARCLAYS EURO (GOVA.MI) Stock Technical Analysis
Europe - BIT:GOVA - IE00BMYHQM42 - ETF
Overall GOVA gets a technical rating of 4 out of 10. In the last year, GOVA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, GOVA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.72, a Stop Loss order could be placed below this zone.
More info and screens
25.03
We found 1 important support area.
- A support zone ranging from 25.28 to 25.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.86 to 25.91. 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 GOVA.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GOVA.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | GOVA.MI 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 GOVA.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 54.07 | NEUTRAL | The RSI value for GOVA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests GOVA.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.83 | NEUTRAL | The Stochastics value for GOVA.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.69 | LOW VOLATILITY | The low ATR as a percentage value for GOVA.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 7.56 | NEGATIVE | The low ADX value for GOVA.MI suggests a weak or negative trend. |
BIT:GOVA (9/10/2025, 7:00:00 PM)
25.81
+0.13 (+0.53%)